News
Apple signs cloud deal with EMI, final two deals near
By Charles Starrett
Senior Editor, iLounge
Published: Thursday, May 19, 2011
News Category: Apple, iTunes
Apple has signed a cloud-based music licensing agreement with EMI music and is close to securing deals with the remaining “big four” labels, according to a new report. Citing multiple music industry sources, Cnet reports that EMI, along with Warner Music Group, have signed agreements with Apple, while similar deals with Sony Music Group and Universal Music Group are nearing completion. The report states that negotiations with the latter two labels could be wrapped up as early as next week, giving Apple contracts with all four of the top labels heading into WWDC, where many expect the company to announce its cloud-based offering. Apple’s approach differs from that of rivals Amazon and Google, both of which have launched cloud-based music services without the support of the labels; the report claims that the labels’ agreements with Apple may allow it to offer features that Amazon and Google lack.
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“the report claims that the labels’ agreements with Apple may allow it to offer features that Amazon and Google lack”
Maybe my imagination is lacking, but I can’t conceive of a scenario where working with the labels is a positive. The labels are the single biggest to bringing the music industry into the 21st century.
So what exactly can you offer beyond the complete freedom to upload all of your tracks and play them without restriction which multiple services already offer?
Posted by Code Monkey in Midstate New York on May 19, 2011 at 9:20 AM (PDT)