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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

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