Apple (AAPL) wanted to build its Internet radio service into the iPhone 5 from the start, but...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL) wanted to build its Internet radio service into the iPhone 5 from the start, but was unable because of stalled licensing talks with music publisher Sony/ATV (SNE), the NY Post reports. Sony/ATV is said to want a higher-than-normal royalty rate for Apple's service, for which Apple is seeking to include features not supported by Pandora (P) and others. Among the features are the right to play a particular artist more often, and the promoting of tracks favored in a given month by music labels.