Apple Inc. has just sewn up its contracts with the four major record labels Thursday for a cloud music service, with agreements from music publishers to follow on Friday, according to sources familiar with the negotiations. Dubbed iCloud, the service initially will be offered for a free period to people who buy music from Apple’s iTunes digital download store, allowing users to upload their music to Apple’s computers where they can then play from a Web browser or Internet-connected Apple device. The company plans to eventually charge a subscription fee, about $25 a year, for the service. Apple would also… Read more »
Audrey the music programming dog has a sick lineup for you tonight with tracks from Tennis, Static Jacks, and Alex Winston. His owner Dan Ravine and our host Josh Madden are there as well, but trust us when we say Audrey really steals the show.
It’s all new music tonight, on an all new episode of First Person.
Josh will also be announcing a brand new show premiering next week on idobi Radio. Tune in to find out more.
Catalog album sales are up 5.4 percent in 2011, thanks in part to a long-awaited 2010 deal allowing digital distribution of The Beatles’ albums for the first time.
Proving unable to come to an agreement with all the major labels for the music service it originally wanted, Google is going to pull an Amazon and unveil a digital music locker service without any licensing deals at all during a keynote today at its I/O conference in San Francisco, Google execs tell Billboard.
Len Blavatnik’s Access Industries is buying Warner Music Group Corp., the world’s third-largest recording company, for about $1.3 billion.
The companies said Friday that the purchase, for $8.25 a share, will include the assumption of about $1.9 billion in debt.
