Apple To Unveil Its iCloud Service
RENEE MONTAGNE, host:
NPR's business news starts with music in the cloud.
(Soundbite of music)
MONTAGNE: Apple has reached deals with Warner Music and EMI, among other labels, to allow consumers to listen to music on the Web. That's according to The Wall Street Journal. The deals are critical for Apple's effort to set up an online digital storage system for consumers.
Apple is expected to unveil its iCloud service next week. It would mean no downloading onto devices. Music and other digital content would be stored and accessed online. It's a new business model for selling digital content. And other big players - namely Google and Amazon - are trying to develop similar services.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.