With today’s news that online streaming are set to be calculated in future sales figures, it seems that all the big companies are trying to get a slice on the action. It’s now been revealed that Apple have agreed a licensing deal for their prospective iRadio product, while Amazon are developing an audio-streaming platform of their own.

Music Week report that Apple have “signed a global licensing deal with Universal Music for its new streaming service” but are “yet to complete agreements with Sony and Warner”. Meanwhile Amazon are “reportedly developing a range of hardware products including an audio-only device that streams music”.

It was announced this week that one hundred stream via on-demand services such as Spotify would classify as the same as one physical or digital sale in future gold and platinum disc classifications.