itunesIf you have been following the rumor mill closely, you might have heard that Apple is looking to launch their own brand of streaming radio in 2013. The specifics have yet to be unveiled but according to a new report, Apple has managed to negotiate a deal with Universal and Warner, two of the major record labels, and based on this breakthrough, they are apparently pushing for a release of their “iRadio” service this summer. Given that Apple’s WWDC takes place in the middle of the year, we wouldn’t be surprised if the Cupertino company took advantage of their event to make the announcement.

The last we heard of Apple’s rumored iRadio was a couple of weeks ago when it was reported that the launch could be delayed as Apple was looking to pay half the royalty rates that Pandora is currently paying. Either way take this with a grain of salt for now, but we’ll definitely be keeping an eye out for additional details so be sure to check back with us at a later date for more info.

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