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Following up on news from earlier this week regarding Apple having signed EMI Music to a deal to permit cloud-based music streaming of the label's content, Bloomberg now reports that Sony has reached a similar deal with Apple. With Warner Music Group having already agreed to a deal, Universal remains the lone holdout among the major labels, although sources indicate that Apple and Universal are close to a deal.
Apple has reached licensing accords with Sony Corp.'s music division, EMI Group and Warner Music Group, the people said. Universal Music Group, the largest recording company, is close to a deal, another person said. The company also would need to reach agreements with music publishers, which control different rights than the labels.
Sources have indicated to Bloomberg that Apple could preview the new cloud-based music streaming service at its Worldwide Developers Conference (WWDC) in San Francisco early next month. A public launch would presumably follow relatively soon thereafter.
Top Rated Comments
They didnt forget about it...most people just call it Facebook
I think with Apple, you would own your music. With Google you would rent your music... Unfortunately, most people just steal their music...
NONETHELESS I have been waiting for this forever.
Without some "cloud" implementation, managing music with multiple computers and locations is a gigantic PITA.
I am so looking forward and pray it's done right.
Cloud music can be like Spotify or Amazon/Google Music.
Spotify offers lots of songs with no streaming limit if you pay some money monthly. Amazon and Google music offer a virtual hard drive which allows you to upload your (bought) music. The uploaded music can be streamed to your devices. I think that kind of service will Apple offer.
I hope Spotify will be soon available in Germany. I can hardly wait!
That being said, I'm sure they'll have all sorts of redundancies built into everything, but things can still happen. To put a play on words of Apple's recent iPhone ads: If you don't have a backup ... well, you don't have a backup. (And Apple's iCloud product should not be treated as a backup.)