Apple has reportedly inked a licensing deal with Sony Corp.'s music division to begin offering the label's catalog in the cloud, leaving Universal Music Group as the last holdout among the major record labels.
Nokia is pulling the plug on its Ovi Music Unlimited service in nearly every market it serves, citing incompatibility with iPods as a key problem.
A new report claims to give details on negotiations between Apple and the music labels which ultimately led to the recent changes made to the industry-leading iTunes Music Store.
Record labels negotiating the removal of copy protecting measures from tracks sold on the iTunes Store are each looking for Apple to agree to certain concessions, according to a new report.
Apple is in talks with three of the "big four" record labels about offering music tracks through iTunes that would be made available in MP3 AAC format without copy protection measures, a move that could further distance the digital download service from its rivals.
Record labels are remaining on the offensive when it comes to battling iPod maker Apple Inc. for revenue share in the digital music business, with word spreading that Sony BMG will soon join the ranks of other major labels in offering its catalog through some online retailers stripped of copy protection measures.
A symbolic changing of the guard may take place February 3rd when Amazon borrows Apple's strategy and launches a song giveaway promotion during the 2008 Super Bowl, according to a claim by Billboard.
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Josh Ong
Daniel Eran Dilger
Zach Spear
Sam Oliver
Katie Marsal
