The first iTunes Festival is going to kick off in a week at SXSW in Austin and rumor has it Apple will be releasing an app for iPhone and iPad to allow users to stream the content live. According to Daring Fireball the app will require iOS 7.1 , which has yet to even hit gold master status.
There's two realistic scenarios here. The most obvious is that the app won't actually require iOS 7.1. The next is that it won't ship in time for SXSW. Both seem much more plausible than Apple releasing iOS 7.1 to the masses in less than a week's time with no gold master.
I guess we'll know for sure in a week but until then, are you looking forward to potentially being able to stream iTunes Festival on your iPhone or iPad? Let me know in the comments!
Source: Daring Fireball