Apple's rumored cloud-based music service could be just around the corner, as we're hearing reports that the company has now inked deals with three major record labels.
Thursday we heard Apple had signed a deal with EMI, and was very close to bringing Sony and Universal into the fold. Now, Bloomberg is reporting that Sony and Warner Music Group have come on as well. Universal has yet to sign but will likely do so soon, according to reports.
The alleged launch of this new product will come on the heels of two similar product unveilings: Amazon's Cloud Player and Google Music Beta.
Still, with labels in tow, Apple's service - perhaps called iCloud - would be a much more robust, slick offering.
Amazon and Google's services are basically lockers that allow users to upload all their music into the cloud for access on phones and other devices. Apple's service would let users keep content on Apple's servers and access it from the cloud - sans uploading.
We could see this new service unveiled at the Apple's developers conference, which kicks off on June 6.
Author: / Posted: 20-05-2011