Apple mulling music subscription (Investor's Business Daily)

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Investor's Business Daily - The electronics giant is in talks with record labels to provide a subscription-based music service that would allow unlimited access to songs for a monthly fee, the New York Post reported. Apple's subscriptions could range from $10 to $15, based on how much music consumers listen to and for how long they access the service. The head of the company's iTunes unit reportedly has talked to the music labels about carrying out the plan. Shares climbed 1.7% to 294.07.

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