Insider Reports Say Don’t Count On iTunes Streaming Tomorrow

Insider Reports Say Don’t Count On iTunes Streaming Tomorrow

As much as we really want it, All Things Digital’s Peter Kafka says a cloud-based, streaming music option from Apple ain’t in the cards. At least, not tomorrow. Why? Music label execs are in the dark about the announcement too.

Kafka explains it thusly:

So unless Apple wants to make them go ballistic – and freak out the movie and TV studios, the folks that Steve Jobs really wants to court – it’s hard to see Apple announcing a service without signed paperwork.

Makes sense to us, unfortunately – after their unsuccessful struggle to get content providers onboard for Apple TV rentals, we don’t see them cloudifying content as a solo operation. Sigh. [All Things D via MacRumors]