As part of a wide-ranging music industry story by Greg Sandoval at The Verge, details on Apple’s upcoming streaming radio project seem to be clearing up.

Apple’s streaming radio project has been in the news for at least a year. We heard no shortage of rumors that Apple planned to take on the Pandoras and Spotifys of the world with its own ‘iRadio’ service, and Bloomberg predicted a Q1 2013 (current) launch. Then we heard there were some delays that appear to have pushed the release out to summer.

Perhaps most damningly, we found pay radio buttons in the iPad’s music player app code earlier this year.

Fred Wilson talked iTunes Radio coincidentally today too, saying: