Big box retailer Best Buy is reportedly eyeing a U.S. launch of a cloud music service it currently operates on the U.K.
According to a report in Bloomberg, the retailer is close to announcing an expansion of the My Music Anywhere service from the U.K. to the States. The service is powered by Catch Media, which is a white-label cloud music service that has all the necessary deals in place with the major labels. It works via an app (Android and BlackBerry only -- no iPhone) that, when installed, allows users to stream music they own from a central server to their mobile phones.
Interestingly, Best Buy also owns the Napster music subscription service. No details yet on how the Music Cloud service will interact, if at all, with Napster, or what this move means for Best Buy's overall digital music plans.