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Google bid $100 million for cloud music

Google bid $100 million for cloud music

Google is throwing some large sums of money at the four major record labels for cloud-music rights.

BusinessWeek magazine is reporting that Google offered the labels $100 million to obtain licenses for a cloud-music service. 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.

This is the latest and perhaps most dramatic sign of how important antipiracy efforts are to the labels. BusinessWeek reported that they turned down the money because they want Google to turn up the heat on the online pirating of music and other copyrighted works. A source with knowledge of the negotiations between Google and the labels said other issues were involved in the breakdown of negotiations, such as Google’s reluctance to detail what its plans are for the cloud service.

Source: C|Net

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