James Delahunty
9 Oct 2010 22:04
Another week, another Apple rumor. Once again, a report is suggesting that Apple Inc. is moving closer to offering a music subscription service to customers. The service would grant access to a large catalog of music content for a monthly fee.
The iPod maker is reportedly in talks with the major record labels, mulling over the finer details of the concept.
The New York Post is the source of the latest report on the issue. According to the Post, Apple's iTunes boss Eddie Cue recently has discussed with the record companies how they could implement the plan, with a source saying there would be a tiered pricing range.
The monthly fee would work out at around $10-15 depending on how much music would be included and how long customers would sign up for the service.