Apple nears music deal with labels

2011-05-21 22:47
Los Angeles - Apple Inc is close to securing deals with all four major recording companies on a music service that will allow users to stream songs stored on remote computer servers, presumably to an array of portable Apple-made devices, a person familiar with the matter said on Friday.

Such a service would give people a wide array of music on-the-go, without having to worry about limited storage space and the need to physically connect different devices to transfer songs.

Universal Music Group, a division of Vivendi SA, is about to sign a deal that will give Apple the right to stream songs to its customers, although how exactly the service will function is unclear, the person said.

The cloud music service is likely to be unveiled at Apple's annual developers' conference in San Francisco, which gets under way on June 6.

Agreements with the units of the recording companies that collect songwriting royalties have not yet been completed but are expected to be finalised quickly, the person said.

The person was not authorised to speak publicly and spoke on condition of anonymity.

Universal is the largest and last recording company to sign a cloud music deal with Apple after the maker of iPads and iPhones cut deals with Sony Corp's music arm, EMI Group Ltd and Warner Music Group Corp.

An Apple spokeswoman declined to comment.

Bloomberg News earlier reported that Apple had reached agreements with Sony, EMI and Warner and that Universal was close to a deal.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
Read more on:    apple  |  technology

linking and moving

2015-04-22 07:36 publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24


Rugby World Cup 2015

All the action from the 2015 RWC, including live coverage of all 48 matches, breaking news, fixtures, results, logs - and much more!


Rugby World Cup 2015

Wallabies win, Boks to face Wales
LIVE: England 21-3 Uruguay
As it happened: Australia 15-6 Wales
Scots beat Samoa, end Japan's dream
Traffic Alerts

The phrase for today is:”Out of the blue.” Expect the unexpected and work with the changeable energy. Your intuition is more

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.