CNET is reporting that Apple is very close to signing deals with both Warner Music and Universal Music Group for its upcoming music streaming service. Apple still would have to sign a deal with Sony but snagging two major music labels makes Apple's streaming service that much more ready for launch. Supposedly, Apple wants to launch its "iRadio" service during summer of this year.
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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/c_4K-befA5U/report-apple-is-close-to-signing-two-major-music-labels-for-its-upcoming-music-streaming-service
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