According to CNET, sources familiar with current negotiations between Apple and record labels claim Apple is currently trying to secure international music licenses related to iCloud. The report even suggests an announcement could be made at the iPhone media event on October 4th if a deal is reached before then.
If CNET’s source is to be believed, countries slated to benefit from the licenses include Germany, France, and the UK. The licenses will apparently be similar to those in place with U.S. labels. Back in May, Apple signed up EMI and not long after WSJ reported Universal, Warner, and Sony had reached deals as well.
In June the New York Post reported Apple will pay between $100 million and $150 million to labels in order to get iCloud up and running.
FTC: We use income earning auto affiliate links. More.