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Apple Looks To Have Global Music Rights For iCloud

Posted in News, Headlines on Friday, September 30, 2011 | 3:58PM

"Sources familiar with the discussions between Apple, record companies, and music publishers, say Apple is seeking international music licenses for its iCloud service. The licenses would be similar to those the company has already obtained for U.S. operations, the sources said. If iTunes managers wrap up negotiations in time, they could announce the offering at a Tuesday press event at Apple headquarters in Cupertino, Calif., where the company is expected to roll out the iPhone 5, the next generation of the iconic smartphone."

"The sources said Apple is close to reaching deals with rights holders but nothing is signed. An Apple representative declined to comment." - (CNET)