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Apple is developing a direct competitor to Pandora radio, should be out within months

With internet radio services like Pandora, Spotify and Last.fm having been big hits for years, it looks like Apple has been busy working on a competing service of its own. There’s no name or launch date yet, but it could be coming within a few months.

The Wall Street Journal is reporting that Apple is engaged in talks with record labels to create a Pandora-like music streaming service. According to the outlet’s sources, the service will be ad-supported and will be accessible from Apple’s wide array of hardware — there’s even hope that PC users may be able to catch some of the action. However, it’s said that Android devices will be left out in the cold. The sources also say that the company had previously toyed with the idea of a service similar to Spotify with a monthly fee, but that this effort appears more serious. Licenses supposedly being sought by the House that Jobs Built could let them air songs more frequently than competitors and allow for additional interactivity. Since Apple’s negotiations are at an early stage, it’s expected to take months before the service materializes.

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