MacRumors.com

According to CNet sources, Apple will not be introducing an iTunes subscription service next week.

My sources say that they don't expect Apple to announce anything to do with music content, and they are sure Apple won't be rolling out an iTunes music subscription service.

According to the article, Apple simply has not acquired such licensing from music labels at this time.

The rumor was revived after a claimed transcript of events was broadcast to several sites. These supposed transcripts are easy to fake, however, and have never been found to be accurate.

Still the possibility of Apple introducing a subscription service has some basis in reality, as the earlier rumors have described that Apple has been in negotiations for this possibility.