Apple is furiously negotiating with the record labels to finalize deals which will allow it to stream music from the Internet to mobile devices (iPhones, iPads, iPods) and computers. It just came to terms with Sony Music, according to a Bloomberg report, which means that of the four major labels it’s got three down (EMI, Warner, and Sony), and one to go (Universal Music).
Streaming rights are different than digital download rights so Apple had to renegotiate all of its music deals. A
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