Talks have progressed because music industry insiders are said to be hopeful that a cloud streaming service, which would allow users to access their music from any Internet-connected device, will boost sagging music sales. This way, users would be able to listen to a large library of tracks without having to sync songs to various devices.
This is great news. I’m more interested in Apple’s implementation of music in the cloud than anything else.
Music publishers reportedly close to cloud streaming deal with Apple [AppleInsider]