Podcast: Apple approves Real music streaming app

Apple agrees to allow RealNetworks to offer a music streaming service for the iPhone and iPod Touch. Larry talks about it with Real's VP Bill Hankes.

In some ways RealNetwork's Rhapsody service competes with Apple's iTunes, but Apple has approved the music streaming app for use on the iPhone and iPod Touch.

The app is free, but users will pay $14.99 a month for the service after a free seven day trial.

Real Vice President Bill Hankes described the service and said that, even though it competes with Apple to some extent, the two companies were able to reach what he considers to be a mutually beneficial agreement.

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