Earlier today, the New York Times is reporting that Apple is on the verge of completing its licensing deals with a few recording companies. Sources also told the publication that the new service, dubbed iRadio, could be announced next week at Apple's WWDC 2013.
Don't Miss: iPhone 8: Everything You Need to Know
Apple is said to be "negotiating directly" to get the "extensive licensing terms." But according to a separate report by CNET, Apple has reportedly struck a licensing deal on Sunday with Warner Music Group and its publishing arm, Warner Chappell.
The report, of course, adds weight to the rumor. The purported deal seems to back up the previous report of the New York Times which says that Apple is "pushing to complete licensing deals with music companies so it can reveal the service as early as next week."
Apple declined to comment on the reports.
Don't Miss: See the first leaked Black Friday 2016 Ad