Apple Close to Deals with Top Record Companies
'iCloud' music service will have label support
It looks like Apple is closer than ever to launching its own music cloud service—with record label support.
According to information obtained by CNET, Apple has signed a music-licensing deal with EMI and is close to finalizing similar deals with Universal Music Group and Sony Music Entertainment, which could wrap up as early as next week. Last month, CNET reported that Apple had reached an agreement with Warner Music Group. This means that by June 6, the date of WWDC, Apple’s annual developers conference, it should have deals in place with all four of the top record companies.
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