CUPERTINO, CA (Hypebot) – Just over a month before the anticipated re-launch of Apple's music service on June 8th, the company lacks key streaming music licences, according to a new report.
Apple could be forced to delay the highly anticipated June launch of a Beats powered Apple music streaming service because key deals with some of the major labels are not done, sources tell Billboard.
Two sources confirm the lack of licences, but see very different conclusions.
"if any company can pull it off, they can," one source told Billboard, adding that the "labels are more likely to play ball with them" because of Apple's track record of generating revenue for rights holders.
But another source says the Beats Music re-launch will be delayed, "June won't be the release date. The deals aren't done."