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VIVHY Vivendi SE (PK)

11.19
-0.02 (-0.18%)
17 Sep 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Vivendi SE (PK) USOTC:VIVHY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.02 -0.18% 11.19 11.12 11.29 11.33 11.15 11.30 11,159 21:21:58

Apple Near Cloud-Based Music Deals With Universal, Sony -Report

20/05/2011 3:05pm

Dow Jones News


Vivendi (PK) (USOTC:VIVHY)
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Apple Inc. (AAPL) has signed a licensing deal to provide EMI Music recordings through Apple's "cloud," or Internet-based, network, and it is close to wrapping up deals with Universal Music Group and Sony Music Entertainment, technology-news service CNet reported late Wednesday, citing music industry sources.

A deal with Warner Music Group Corp. (WMG) is already in place, and talks with Sony and Universal could be concluded by next week, the sources said.

It wasn't known when Apple would announce the deals with the industry's four leading record labels or roll out its fully licensed cloud service. Apple and representatives of the labels declined to comment to CNet.

Full story at http://news.cnet.com/8301-31001_3-20064155-261.html

-Dow Jones Newswires; 212-416-2900

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