The Verge reports that Apple has licenses for up to five more stations without the need for renegotiating terms with record labels. That opens up possibilities like Beats stations in Asia and Europe with live programming around the clock.
Do business with 5,000 people
Momentum by TNW is our New York technology event for anyone interested in helping their company grow.
That sounds like good news for music publishers. Apple reportedly pays better per-play rates than Pandora for tracks on its radio station and so far, iTunes downloads don’t seem to have dropped since the company’s streaming service launched at the end of June.
We’ve contacted Apple for comment and will update this post when we hear back.