McDonald’s to give away 1 billion iTunes songs?

A story appearing in today’s New York Post claims that McDonald’s is close to announcing a deal with Apple, whereby the fast food giant will give away up to 1 billion songs from the iTunes Music Store. Pepsi and Apple recently announced a deal with Apple to give away 100 million songs to customers. According to The Post, both Pepsi and McDonald’s are paying Apple’s regular retail price of 99 cents for each song. The article notes that “a spokesperson for Apple declined comment, and a representative of McDonald’s was unavailable for comment.”