Recent reports suggest that Apple (NASDAQ:AAPL) is being stingy with trying to ink music-streaming deals. The company has reportedly only offered $0.06 per 100 songs streamed, which is just half of the $0.12 per 100 songs streamed that Pandora Media (NYSE:P) pays.
In the video below, Fool.com's Alison Southwick and contributor Evan Niu discuss why it seems like a lot of trouble for Apple to nickel and dime record labels.
Fool contributor Evan Niu, CFA, owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.