After more than year of off-and-on negotiations, Apple has now reached deals with all three major music labels, making it increasingly likely that Apple will unveil its free Internet radio service at next week's WWDC event.
The latest deal is with Sony Music, according to industry sources who said the two sides struck a deal Friday morning. Sony had been the lone holdout of the three major music labels, haggling over some details that frustrated execs at the other labels. The world's largest label, Universal Music, was the first to sign on, followed by Warner Music and its publishing arm, Warner/Chappell. … Read more