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

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.
Comments (2)
  • Stone Fox Capital
    , contributor
    Comments (5776) | Send Message
     
    P gives the music industry the leverage to obtain a better deal with AAPL. No reason to accept less from them.
    5 Dec 2012, 01:24 PM Reply Like
  • mrphil49
    , contributor
    Comments (145) | Send Message
     
    How much is Pandora worth?
    Apple could just buy Pandora and make an "end run" around the music industry?
    If Apple isn't considering doing so, then they must be closer to a deal with the music industry than noted in the press otherwise you are concluding that Apple isn't competent! iPod/iTunes saved a weak music industry. Do you really think that Apple can't put this together?
    Phil
    long term independent Apple investor.
    6 Dec 2012, 07:39 AM Reply Like
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