Just days after a report emerged stating that Apple had wrapped up development on their cloud-based iTunes service, but had yet to sign on any of the major music labels to supply the content, it is now being reported that Warner Music Group is on board. Here’s a lengthy excerpt from CNET: Apple has an […]
" />

Apple Reportedly Signs Deal with Music Labels to Store Content in the Cloud

CloudComputing-150x150.jpgJust days after a report emerged stating that Apple had wrapped up development on their cloud-based iTunes service, but had yet to sign on any of the major music labels to supply the content, it is now being reported that Warner Music Group is on board.
Here’s a lengthy excerpt from CNET:

Apple has an agreement with Warner Music Group to offer the record label’s tracks on iTunes’ upcoming cloud-music service, music industry sources said.

In the race to the cloud, Apple is apparently stepping on the gas. All Things Digital reported Thursday that Apple has signed two of the top four record companies. ATD reported that Apple content chief Eddy Cue was due to fly to New York on Friday to try and finalize agreements with the two labels that were still unsigned.

It is unclear whether Warner was one of those two that had previously licensed Apple or whether the label inked a new agreement on Friday.

Warner Music Group is the third-largest record label in the U.S., and is reportedly the label that is causing both Google and Spotify issues with their own cloud-based initiatives. This still doesn’t clear up when Apple plans to launch the service. This service of course, is rumored to store user’s content and stream it down to internet-connected devices.

Continue reading:

TAGS: