“A report earlier this week in Australian publication Ad Age [sic] hinted that Sony, which is one of the four major record labels, might be considering pulling out of iTunes after [Sony’s] Music Unlimited launch,” Matt Rosoff reports for The Business Insider.

MacDailyNews Note: It was in The Age, not AdAge.

Rosoff continues, “But Sony Network Entertainment COO Brandon Layden says no way: ‘Sony Music as I understand it has no intention of withdrawing from iTunes, they’re one of our biggest partners in the digital domain. I think those words were either taken out of context or the person who spoke them was unclear on the circumstances.'”

Read more in the full article here.

MacDailyNews Take: Sony might have a fetish for launching failed music services, but they’re not crazy.

[Thanks to MacDailyNews Readers “Fred Mertz” and “Jax44″ for the heads up.]

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