iCloud cost pegged at $25 per year, all 4 major labels signed

Apple logoAs the WWDC 2011 keynote draws near, more details are emerging about Apple's new iCloud service. According to sources "familiar with the negotiations" who spoke with the L.A. Times, Apple plans to charge $25 per year to use the service, with a free trial period for those who purchase music through iTunes. The company might also sell ads to be served on iCloud, and users will (still) be able to stream their music to any computer with a Web browser or an iOS device. The Times did not specify whether iCloud would include other, non-music-related services.

As recently as yesterday, Apple had reportedly not yet signed a licensing deal with the last of the Big Four music labels, Universal Music Group. That has apparently changed Thursday, with the Times reporting that Apple has indeed wrapped up its deals with the labels and plans to complete its agreements with music publishers on Friday.

"The agreements, finalized this week, call for Apple to share 30 percent of any revenue from iCloud's music service with record labels, as well as 12 percent with music publishers holding the songwriting rights. Apple is expected to keep the remaining 58 percent, said people knowledgeable with the terms," wrote the newspaper.

Rumors from earlier this week claimed that Apple was considering making certain parts of iCloud free to Mac OS X 10.7 (Lion) users, and that the company was stepping up its efforts to bring movies and TV to the cloud service. Since the WWDC keynote is just over one business day away, however, it seems unlikely that there will be a video component to iCloud upon its initial launch. Apple is doing a good job of feeding the rampant speculation before Monday, though—just check out that tantalizingly nonspecific cloud icon being set up at Moscone West this afternoon.

Source: Ars Technica

Tags: Apple

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Consumer group recommends iPhone 8 over anniversary model
 
LTE connections wherever you go and instant waking should come to regular PCs, too
 
That fiction is slowly becoming a reality
 
The Snapdragon 845 octa-core SoC includes the Snapdragon X20 LTE modem
 
Human moderators can help make YouTube a safer place for everyone
 
Google says Progressive Web Apps are the future of app-like webpages
 
All 2018 models to sport the 'notch'
 
The biggest exchange in South Korea, where the BTC/KRW pair is at $14,700 now
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31      




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)