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Jun
03
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Ever wondered what it’s going to cost Apple to bring your iCloud dreams to life? Well, according to the New York Post, Apple is paying the record labels a combined total of around $150 million for the rights to stream their music through the iCloud service – add that to the price of its new North Carolina data center and you have a pretty hefty sum.
Apple finalized its iCloud negotiations earlier this week after it struck a deal with Universal Music Group – the last of the four major record labels to sign up to the iCloud service. It has now also secured deals with the corresponding publishers just in time for its unveiling – and possible launch – at WWDC on Monday…(…)
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“Apple Paid the Labels $150 Million to Make iCloud Happen” is an article by iPhone Download Blog. Make sure to follow us on Twitter and friend us on Facebook.
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