Apple is reportedly in 11th-hour talks with the music industry about its new streaming service

As the clock ticks toward Apple’s Worldwide Developer Conference on June 8, sources have told Bloomberg News that the company is still hammering out deals with record labels for its planned streaming music subscription service. Sources told the news agency that the recording industry is intent on getting better terms from Apple than it currently gets from rival music streamer Spotify. The labels now receive 55 percent of Spotify’s $9.99-per-month fee, but they are said to be angling f

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