Apple Is Said to Secure Music Accords for ITunes Cloud Service - Businessweek

tbd if the same deal structure will be available to Amazon, Google, and others

Apple Inc. has reached agreements with three major record labels to let users of its new music service access their song collections from handheld devices via the Internet, people with knowledge of the deals said.

The new iTunes offering will let users store content on Apple’s servers and access it using the Web, rather than loading songs into a device’s memory, said the people, who asked not to be identified because the plans haven’t been made public. The plans could be previewed as early as Apple’s developers conference, set to begin June 6, the people said.

Apple Is Said to Secure Music Accords for ITunes Cloud Service - Businessweek