So, 3 out of the 4 major US music labels have reportedly signed up with Apple, with the fourth pending – giving Apple a huge advantage over music services already offered by the competition (Amazon and Google) – whom neither have licenses from the music industry. With this feature, Apple will simply be able to index your collection and mirror it without huge uploads. Sure – this will be huge as users will be able to stream songs whenever they want to any / all devices (phones, pads, pcs, etc.). Sure – great idea, but let’s examine this further. Apple has without a doubt paid a huge premium for these music cloud services, suggesting it will cost more than a pretty penny to access this service. Basically, Apple is asking users to pay a monthly subscription to listen to their own music collection streamed from the internet (songs users have already paid for, btw). This can already be accessed for free with Google Musc beta (albeit it takes much longer and the quality is subpar). So, WSO – what is the future of iCloud and do you see this model working (people paying a premium to access their already paid for music in the cloud). The announcements of iCloud have successfully rebounded AAPL thus far – is this the next wave to push the stock to GOOG levels?? Thoughts / comments…..
Trending Content - Private Equity Forum
| +81 | The Peanut Portco | 7 | 3d |
| +55 | Seeking External Perspectives | 17 | 1h |
| +21 | Reneging on an offer | 8 | 7h |
| +21 | Rejoining old firm - Guaranteed Promotion? | 1 | 17h |
| +19 | Negotiating sale economics with CEO? | 4 | 2d |
| +19 | American PE VP who needs to move to London for personal reasons - how should I go about it? | 8 | 2d |
| +19 | Cold Pitching an Investment Idea for a VP Seat | 3 | 1d |
| +18 | Career Advice | 1 | 2d |
| +18 | LMM PE to PE-backed Corp Dev? | 2 | 5d |
| +16 | GP Associate 1 Comp | 5 | 2d |
Career Resources
Hopefully Apple "takes one for the team" and makes it and MobileMe free for everyone
....but that won't happen
if they are smart (which they obviously are), they should bundle iCloud with MobileMe - which would probably push MobileMe subscriptions and add value to the cloud offering.
I would gladly begin paying for MobileMe at an increased price if the iCloud service was bundled with it.
They just signed the fourth this afternoon.
http://www.macrumors.com/2011/06/02/apple-finally-signs-universal-music…
Looking forward to iCloud
don't you worry about apple scanning your library, seeing you have all of this illegally downloaded music, now since they are partnered with the labels, they share this information, and then you have a huge lawsuit on your hands?
Anyone?
I'm pretty sure they announced it was all going to be for free
Quidem labore deleniti quas eveniet vero labore nobis. Maxime et nostrum iste. Iusto soluta nisi nobis laudantium ut est ut nam. Odit et ipsam debitis eligendi enim nisi.
Non est eligendi quo tempora vel et dolores dolorum. Similique molestiae voluptatem vel delectus nihil laborum. Reiciendis placeat quaerat fugiat debitis.
Enim facilis ab molestias enim magnam. Ea distinctio animi ea quo at sit qui. Fugiat nihil facilis voluptatem quo eum omnis. Beatae accusamus et consequatur nisi consequatur.
Quaerat dolores perspiciatis voluptatum qui quod ut in. Aut veniam a ea nihil asperiores et minus. Perferendis aut id impedit sint aut quis. Ratione debitis nam ipsam eos aliquam. Ut voluptatum aut quia numquam porro.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...