Pandora Stock Dips After Reports of a Competing Apple Service

Apple is into negotiations with record labels over licensing deals that point toward a Pandora-style music service, according to The Wall Street Journal. The service would let users create virtual stations built around the sound of a particular artist or song, and the music would be interspersed with occasional iAds.

Source: http://www.wired.com/gadgetlab/2012/09/report-apple-pandora-service/

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