The name of the new service has not yet been presented, but there is probably no daring guess that the first letter is a little ‘in “. That’s according to the Wall Street Journal also not certain that the service will be launched at Apple’s developer conference WWDC next week as the company, according to the newspaper’s sources, has not completed its negotiated contracts with record labels giants Sony, Universal and Warner.
The new service will cost $ 10 a month and will unlike Spotify in no free version. Spotify currently dominates the market for streaming music with an estimated three quarters of the market. Despite the dominance, the company has not yet succeeded in showing black figures in the financial statements, and both individual artists and record companies complain from time to time that they get too little remuneration.
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