Apple, labels talk music in the cloud

Apple execs have begun talks with the world’s four remaining major labels on plans to offer streaming music services free of charge to consumers, multiple music industry sources told CNET.

Few details yet, but this leak states they, “did discuss offering iTunes users a means to store copies of their music libraries on Apple’s servers.”

So – as I’m sure we touched on last year here – “benefits to an iTunes user would include the ability to back up music and accessing songs off the Web from any Internet-connected device and conceivably from anywhere in the world.”

Lala this song we’re singing.

Meanwhile majors give ownership away for ads.

I may go back to vinyl. It’s sexy.

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