Image via WikipediaIt is finally confirmed by concealed sources that Apple has signed the deal with the last among the four major music labels it was going to take on-board for its cloud music service, iCloud. Apple had already scored the last three deals few weeks in advance but the deal signing with Universal Music Group was lingering since then, but now this deal has also been confirmed. Now Apple has the approval of all four major music labels, which includes EMI, Sony, Warner Music Group and Universal Music Group. Whereas, the only thing that Apple lacked were the agreements with music publishers, but now apparently it has been revealed that these have also been taken care of. It was revealed that Apple has acquired agreements with many publishers already, and that the puzzle of creating a flawless cloud music service was finally complete and ready for WWDC.
It has been officially declared by Apple representatives that the annual WWDC will be taking place through the next week and begin this monody, whereas for the first time ever, the lineup of the conference was also informed in advance. Apple has formally disclosed that along with its cloud-based online music service, iClould, it will also be revealing the latest version of its mobile OS, i.e. iOS5 and the Mac Lion OS as well. Though no further detail, regarding any of these software enhancements, has been disclosed so for all that we know, iCloud could not even be a cloud based music service at all, since it is not officially confirmed by Apple Inc.
It was revealed by CNET, a news agency, that analyzing the deal structure of Apple’s new highly anticipated iCloud, the revenue will be divided in following order: labels will get 58%, publishers 12% and the rest 30% will be left with Apple. No theory or confirm story has been revealed regarding the pricing of this service, while it also remains uncertain whether indie labels are on-board with this service or not.
It has been confirmed that streaming will not actually be launched for public at the conference; rather it will be a coming-soon feature just previewed in front of the audience. The launch of the service will be following the recent launch of its rival services including Amazon’s Cloud Player and Google Music. However, Apple still remains superior to these rival services by scoring the agreements with music labels in advance.
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