Apple Cloud Music Service Coming Soon, Deals with Music Labels Almost Finalized

Submitted by lalit on May 19, 2011 - 12:31am.

After Amazon and Google went over the head of music labels to launch their cloud music service, the labels are now bending backward to sign a deal with Apple to set an example for rest of the industry. CNET is reporting that Apple is close to announcing cloud music service. Greg Sandoval posted on CNET:

Apple has signed a cloud-music licensing agreement with EMI Music and is very near to completing deals with Universal Music Group and Sony Music Entertainment, multiple music industry sources told CNET.
Warner Music Group already had a deal in place with Apple, CNET reported last month. The licensing agreements will enable Apple to launch a fully licensed cloud-music service to rival unlicensed offerings of rivals Amazon and Google.

Rumors are Apple is planning to announce the new cloud music service at WWDC in June. The service will be deeply integrated with the other two big announcements Mac OS X Lion and iOS 5, and Apple will use WWDC keynote to highlight this.