Apple Near Cloud-Music Deals With Labels, EMI Gets On Board

Apple Near Cloud-Music Deals With Labels, EMI Gets On Board

Apple's cloud-music service may have gotten scooped by Amazon and Google. but it looks as if it may have the upper hand when it finally does launch. CNET is reporting that The Cupertino, Calif.-based company has signed a cloud-music licensing agreement with EMI Music, and is close to completing similar deals with Universal Music Group and Sony Music Entertainment

Apple has already locked in Warner Music Group for its upcoming cloud-music service. If the Universal and Sony deals go through, Apple will be the only company in America with a fully-licensed streaming music service when it launches. Both Google and Amazon launched their respective cloud-based services last month without the support of the big four record companies. 

Apple and the record labels declined to comment on the pending negotiations. A licensed service from Apple would allow users to login and gain access to a full library of music for a monthly fee. Amazon and Google's services require users to upload their collections to an online storage space which they can then stream from any Internet-connected computer or device.

[via CNET]

Tags: apple, itunes
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