Apple announced iTunes Radio today, a new internet radio service that is built into theMusic app in iOS 7. The new feature offers music discovery through featured and genre stations provided by Apple or through the creation of new stations based on a specific artist or song.
"iTunes Radio is an incredible way to listen to personalized radio stations which have been created just for you,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services. “It’s the music you love most and the music you’re going to love, and you can easily buy it from the iTunes Store with just one click.
iTunes Radio keeps track of all of the songs listened to for easy access later for purchasing or repeat listening. iTunes Radio will also be available on Mac and PC through iTunes and Apple TV.
iTunes Radio will be available in the fall for free with ads while iTunes Match subscribers get an ad-free experience. The service will be available starting in the US only at first.
Source: Mac Rumours