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Apple could have paid $ 150 million for music on iCloud

apple icloud 150 million

Manzana would have disbursed an approximate amount of 150 million dollars at four record labels important to be able to offer a service similar to Spotify in iCloud, as indicated by the NYPost. Each of the record labels would have received between 25 to 50 million dollars for his musical catalog to be available in iCloud.

At the moment it is unknown what it will offer iCloudBut Apple seems to be betting big and is willing to invest whatever it takes to make its cloud service successful out of the box.

The most recent rumors suggest that the service will be free for Lion users, as well as for those who buy from the iTunes Store, at the same time there is speculation that iCloud is priced at $ 25 per year.