Friday, 7. March 2003
Topic: - on March 7, 2003 at 11:25:25 PM CET
Music Labels Set to Bite the Apple
Apple Computer is close to inking a deal with the major record labels for a fee-based music subscription services for users of its Mac OS, a somewhat surprising move from a company that has heavily hyped the operating system's "rip, mix, burn" capabilities.
Apple officials refused to comment on rumbles throughout the industry that its entry into the business would come within weeks but analysts with knowledge of the plans say the service will run on the Advanced Audio Coding (AAC) technology, which is a key feature within the MPEG-4 standard.
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