Apple’s iCloud Might Only Stream Music Purchased in iTunes

Apple’s iCloud Might Only Stream Music Purchased in iTunes

Apple finally agreed to terms with Universal Records, who was the last of the four major labels holding out for their iCloud/iTunes streaming music service.

This gives Apple the streaming rights for a large chunk of songs, which they’ll likely use to match whatever tracks a user has in their library. And according to CNET, they’ve also struck deals with other major distributors, which will give them access to the independent labels as well. [CNET]