From previous reports we know that Apple was the closest of the big three companies (Google and Amazon being the other two) to get the approval of labels for its music streaming cloud service, and according to the latest reports from CNET, it looks like they’ve done it. Apple has reportedly managed to get Universal on board, along with Sony, EMI and Warner for iCloud – just in time for Apple’s announcement at WWDC this Monday.
While it hasn’t been confirmed what the iCloud music service will be, previous speculations have put it as a cloud locker storage similar to Amazon’s offering, except that users will have the ability to save time and bandwidth by not being required to upload songs they’ve purchased. Since iTunes already has the music, they’ll be able to just stream what they’ve purchased with their account for free. The streaming service however is rumored to cost around $25/year – which is a pretty decent price (it breaks down into about $2/month).
I guess we’ll find out all we need to know at the WWDC keynote this Monday. Stay tuned folks!
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