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Apple Not Losing Universal?

Apple Not Losing Universal?

Earlier this week we got wind of a major blow to Apple and iTunes: the potential loss of Universal Music Group. The rift was unconfirmed but seemed genuine given its source, 'The New York Times.' Now, Apple is issuing a bit of denial according to Engadget, stating that negotiations with Universal are still ongoing and any talk of the publisher leaving the service are premature at best.

It's also unclear what exactly the source of the rift is. Some have speculated that Universal isn't pleased with Apple's anti-DRM stance, while others see this simply as Universal broadening its horizons a bit, doing away with the exclusive iTunes offerings. Regardless, it'll be at least a few more days if not weeks until we really know what's up here.

But one thing is for sure: With heavy hitters like U2 and Amy Winehouse in its coffers, Apple's not going to let Universal go without a fight.

From Engadget

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Tags: iTunes, Universal

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