Why doesn't iTunes show my CD Text from Peak?
iTunes does not read CD-Text. To read the CD Text from an Audio CD you can use the Terminal Command line application to access that information.
To read the CD-Text from an Audio CD you will need to put the recorded Audio CD in the computer and launch the Terminal. (Go to the Utilities folder in the Applications folder and open the Terminal) In the Terminal type "drutil cdtext" (without the quotes) and it will display all of the CD-Text and other metadata information on the disc.
For a Sample of what the CD Text will look like see the picture below.