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Apple in Talks of Unlimited Practice of Music Downloads – AAPL

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Apple Inc. (NASDAQ:AAPL) engaged in dialogues with record companies to give iTunes music customers simplest access to their songs on various devices, three people having awareness of the plans stated.

Apple is bargaining with music companies that include Vivendi SA’s Universal Music Group, Sony Music Entertainment, Warner Music Group Corp. and EMI Group, according to the people, who asked for secrecy because the plans are confidential. A deal may be publicized by midyear.

The deal would give clients more flexibility in how they access paid music. Apple and the record brands are excited to uphold demand for digital downloading for increasing fame for Internet services like Pandora Media Inc., which don’t trade tracks and as a substitute allow clients stream songs from the Web, no matter what was the device.

An arrangement would provide iTunes clients with an everlasting backup of music purchases if the originals are corrupted or misplaced. The deal also would permit downloads to iPad, iPod and iPhone devices connected to the same iTunes account. The strategy would be a step nearer to universal access to content centrally stored on the Internet.

Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers.

In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets.

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