Andre Yoskowitz
20 May 2011 14:20
According to Bloomberg, Apple is all set to launch their iTunes cloud service, having secured licensing agreements with three of the Big 4 labels.
Apple has reached agreements with EMI, Warner Music Group and Sony Music and is close to a deal with Universal Music Group, the largest label in the world.
The new cloud offering would let users save their music on Apple's servers and access it from their iOS devices, wherever they have Internet.
Differentiating the iCloud service from rival offerings by Amazon and Google, is the fact that about 10 to 20 seconds of the music will be saved internally to your device, meaning no delay at all when starting streaming.
Apple, although unconfirmed, may be ready to launch the service at their developer's conference, starting on June 6th.
The service will cost money, but it is unclear how much.