Apple signs iRadio deal with Warner Music, launch at WWDC

According to CNet report, Apple has finalized negotiations with Warner Music Group and its publishing arm, Warner/Chappell Music. The news comes one month after the company reached another deal with Universal Music; talks are still on-going with Sony.

Apple's streaming music service is said to be a free, ad-supported offering, with the labels reportedly seeking similar revenue rates to that seen from Pandora, although Apple is seeking more extensive licenses to provide more flexibility for users.

iRadio is expected to debut on June 10 at the WWDC in San Francisco.