Apple in talks to launch online radio in 2013
Well, maybe not the kill, but they did make Pandora's stock drop 111.73% yesterday when the market got its hands on the following information:
Apple is currently in talks with record labels about launching (and effectively monetizing) its own ad-sponsored, online radio. Like, soon. By 2013 (Bloomberg reports possibly by mid-November!)
Check out Bloomberg's interview with trade analyst, Rich Greenfield, about the Apple's natural progression toward the streaming/radio model in the video below:
Is it only I who pictures Apple as a giant creature running around chomping up multimedia initiatives like Pac-Man? Is this the nail in the coffin for other online radio services?