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Apple Aims To Redo Streaming Deals With Music Labels

Apple is reportedly hoping to reduce record labels’ share of revenue from music streamed across its music services. “The talks cover Apple’s agreements for Apple Music … and iTunes, the store where people can buy individual songs or albums,” Bloomberg reports. “The record labels’ deals with Apple expire at the end of June, though they are likely to be extended if the parties can’t agree on new terms by then.”

Read the whole story at Bloomberg »

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