Google Bid $100M for Cloud Music Rights!


Google threw large sums of money at the four major record labels during negotiations for cloud-music rights, according to a published report. BusinessWeek magazine is reporting that Google offered the labels $100 million to obtain licenses for a cloud music service. After negotiating for more than a year, talks broke down. Google launched an unlicensed service two weeks ago that enables users to upload their songs to the company’s servers but isn’t as fully equipped as it might be with licenses. Full Story at cnet

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