Amazon executives are close to striking license deals with music studios to cover the company's cloud music service, numerous music industry sources told CNET.
Amazon already has reached agreements with Universal Music Group, EMI and Sony Music Entertainment and is in the later stages of negotiations with the other Warner Music Group, the sources said. Amazon could announce the deals within weeks.
Spokesmen for UMG, EMI and Sony declined to comment. An Amazon representative was not immediately available for comment, though I'll update as soon as we hear back.
Details are scarce as to what new features Amazon'… Read more