Apple Inc has reportedly reached a licensing agreement with Sony Corp for its impending music cloud service, according to Bloomberg News. That would make Sony the third major label after Warner and EMI to reportedly sign deals with the Apple.
If Universal Music Group, which is said to be in negotiations with Apple, gets on board, Apple will have locked-up licensing deals with all four major labels. This would give the technology behemoth a distinct advantage in the cloud music streaming market over competitors Google and Amazon who recently launched their cloud services without licenses.
The licenses mean among other things that Apple can offer a scan-and-match service, which would let users stream all songs from a common library in the cloud rather than upload their tracks to an individual locker.
Reports yesterday about the EMI-Apple deal surmised that Apple is planning to launch the cloud service at its annual developers conference on June 6th.