Seems that EMI has signed a deal with Apple to license its music. Everyone is waiting Apple to start it’s cloud-based services. EMI joins Warner Music Group who jumped on the bandwagon last month. It’s only a matter of time before Sony and Universal sign deals with Apple.
When Apple gets all four major music labels to sign on to a cloud-based service its hold over music would be twice what it is now. Amazon and Google started digital lockers but none of them have agreements with the four major music labels. iOS 5 will have some form of cloud music. People are betting that it will be called iCloud after Apple bought the icloud.com domain from a Swedish company. We can only sit back and wait to see what happens but you can rest assured that Apple will get this right. They take their time and get services as well as products right. I cant wait to see it.