Cupertino, Calif. – Apple (NASD: AAPL) is in talks with the major record
labels to offer consumers unlimited downloads of tracks they have previously
purchased from the company’s iTunes Store, Bloomberg reported, citing people
with knowledge of the plans. Such a deal would essentially provide iTunes
customers with a permanent backup of music they have purchased, should it be
lost or damaged.
It would also more easily enable downloads to an iPod, iPhone
or iPad.
Bloomberg’s sources said an agreement between Apple and the labels
could be announced by mid-year.
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(Bloomberg)
