Though Pandora (P -18.9%) is diving on account of its FQ4 guidance, it has received a bit of...

|About: Pandora Media (P)|By:, SA News Editor

Though Pandora (P -18.9%) is diving on account of its FQ4 guidance, it has received a bit of good news courtesy of CNET's Greg Sandoval, whose music industry sources claim an Apple (AAPL -4.5%) Internet radio deal with all the top studios is "nowhere near to being completed." That's in-line with an October report claiming studios have balked at Apple's insistence on a lower royalty rate and more flexible playback, in exchange for a cut of iAd sales.