At the recent World Wide Developers Conference (WWDC), Apple announced that it is entering the music streaming space with iTunes Radio. Though it already has a lucrative business with iTunes, it is a natural move as Apple will be targeting casual listeners who are likely to stream through its mobile devices. It is also suspected that the service will be implemented in a way as to drive sales on iTunes.
What the announcement also happens to signal, however, is a disruption in the internet radio industry, one that has reignited the debate over artist royalties. With another prominent tech player in the mix, the subject is even gaining the attention of world-famous music artists.