We assumed it would only be a matter of time before they jumped on this bandwagon!
A source close to Apple has revealed that the company is close to securing deals with all four major recording companies about a new music service that will reportedly allow users to stream music stored on computers to portable devices, to avoid one having to use up storage space and connect devices to transfer songs!
According to the insider, the deal - with Universal, Sony, EMI Group, and Warner Brothers - will allow for 'downloading, mobile use and streaming,' and will officially be announced at the Apple annual developers' conference on June 6th!
Uh-oh! We wonder what this will mean for the Google and Amazon cloud music plans!
Either way, it sounds like all three projects will ultimately help get us get our music faster AND easier, so we're pretty psyched!
What do U think?? Are U looking forward to more stream-based tunez??
Tags: amazon, apple, cloud, contract negotiations, development, digital downloads, emi group, google, sony music, streaming, universal music, warner brothers