We heard last week that Apple had signed deals for its new iTunes Cloud music streaming service with EMI, Warner Music, and Sony Music and that it was close to signing a deal with Universal Music.
According to Cnet Apple are getting closer to signing their deal with Universal Music, which would give Apple four major labels to launch its new iTunes Cloud service with.
The report says that the deal is almost done, although Apple may not have all the licenses it needs to launch its service, as the labels own the recording rights to music but not the publishing rights, so Apple may have to also seek deals with the individual music publishers.
This could hold things up, and Apple are likely hoping to unveil their new iTunes Cloud service at this years WWDC which starts on the 6th of June, just a couple of weeks away which may not be long enough to get everything finalised.
Filed Under: Apple