Friday, June 3, 2011

Universal Said To Ink Music Deal With Apple Ahead Of iCloud Debut

Apple (NSDQ: AAPL) is said to have secured the services of the music industry’s “gang of four,” signing the remaining holdout, Universal Music, to a contract that would allow Apple to offer a cloud-based music service. A preview of the company’s plans could come as early as Monday, when Apple holds its Worldwide Developers Conference in San Francisco.

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