Apple Radio Service Said Delayed After Label Talks Stall

Apple Inc. (AAPL) delayed the start of an online radio service to compete with Pandora Media Inc. (P) after talks with music labels stalled, according to four people with knowledge of the situation.

The company still seeks to start the advertising-supported radio service by the end of the year, said the people, who asked for anonymity because the plans haven’t been made public. The delay was reported earlier today by the New York Post.

To contact the reporters on this story: Andy Fixmer in Los Angeles at afixmer@bloomberg.net; Adam Satariano in San Francisco at asatariano1@bloomberg.net

To contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net; Tom Giles at tgiles5@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.