Is Apple working on an iTunes On Demand Music Streaming Service?

It all points out that maybe Apple is working on an iTunes On Demand Music Streaming Service. First they started banning a few Podcast Apps back in 2008 and now in 2009 they ban a few streaming apps from the App Store claiming they violate Apples Agreements. Boombox for OS 3.0 which is a sort of client to the famous Blip.FM has been under review for the last month with no news if it’s even gonna hit the App Store again.

They are also working with the new HTTP Live Streaming protocol and submitted the specification to the Internet Engineering Task Force (IETF) a few weeks ago. It seems that there is no doubt that they are cooking something really neat for the iPhone.

I would love to see a good quality On Demand Streaming Service on my iPhone and not having to rely on the randomness of Pandora, Last.FM or AOL Radio Apps.