“A June launch of Apple’s new subscription service is going down to the wire,” Glenn Peoples reports for Billboard. “Industry sources say Apple does not have the necessary licensing deals a month before the Apple Worldwide Developers Conference that will take place in San Francisco from June 8th to 12th.”

“A June launch is still attainable. One source notes Apple has been able to quickly secure licensing deals in the past,” Peoples reports. “‘If any company can pull it off, they can,’ the source tells Billboard, adding that ‘labels are more likely to play ball with them” because of Apple’s track record of generating revenue for rights holders.’ Another major label source believes the Beats Music re-launch isn’t coming soon. ‘June won’t be the release date. The deals aren’t done.'”

Apple Watch Stopwatch“Apple is overhauling and probably rebranding the Beats Music subscription service it acquired in its $3 billion acquisition of Beats Electronics,” Peoples reports. “It is expected to carry the standard $9.99-per-month price tag…”

Read more in the full article here.

MacDailyNews Take: Down to the wire, but it’ll all get hammered out by WWDC or, if not, over the summer in time for an autumn unveiling.

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