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Technology Stocks : Apple Inc.
AAPL 272.24+0.5%Dec 23 3:59 PM EST

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From: Moonray4/12/2014 9:44:01 AM
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Apple Removes Rival Music-Streaming Service From iAd Network

Apple ( NASDAQ:AAPL) has banned Bloom.fm — a potential iTunes Radio rival — from advertising
on its iAd mobile advertising network, reports The Guardian. Bloom.fm is a London-based music-streaming
service that is available on both iOS and Android-based mobile devices. The streaming music start up
announced the ban via its Twitter account. “Apple just banned our ads because we’re ‘a competitive
service to iTunes Radio and it is against Apple policy’ We must be big time now ;),” tweeted Bloom.fm.

Although Apple supposedly characterized Bloom.fm as a “competitive service,” it should be noted that

iTunes Radio is not yet available in the UK. However, the removal of Bloom.fm’s advertisements from
Apple’s iAd network suggests that the launch of iTunes Radio in the UK is imminent.

More at: wallstcheatsheet.com

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