Apple signs Universal Music as last major label to iCloud

first_imgWe’re just five days away from Apple’s annual Worldwide Developers Conference. The big news being talked about for months is the addition of a cloud service to Apple’s offerings. Apple confirmed on May 31 that Steve Jobs would be talking about the iCloud service during his keynote. Apple also just gave Google Earth the go-ahead to unveil its massive $1 billion North Carolina datacenter on the map.Apple has been vying to sign contracts with the four major music labels, including Sony Music Entertainment, Warner Music Group, EMI Music, and Universal Music Group. According to CNET, Apple has just acquired its last license needed by sealing the deal with Universal. Apple will now be able to offer songs from all four labels. CNET’s source said the labels would be getting 58 percent of the revenue from iCloud sales, while publishers will get 12 percent, leaving Apple with 30 percent.The details are still a little iffy, but the source said that Apple will only store music that was bought in the iTunes store in its digital locker and that, sometime in the future, it will store songs obtained outside of iTunes. If this is indeed true, many people will probably be disappointed by the fact that they can only stream music bought in iTunes via iCloud. I for one have maybe purchased one or two songs from iTunes, yet I have thousands upon thousands of songs in my iTunes library.In any case, the crew over at San Francisco’s Moscone Center West is gearing up for next week’s conference, which starts on June 6. AppleInsider got some snapshots of the event center where huge banners hang showing the new Apple iCloud logo, as well as Mac OS X Lion, and iOS 5. There are still other banners that have gone unseen and may stay that way until the day of the keynote.Read more at CNET, AppleInsiderlast_img

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