music labels

Music labels are outraged that Google's Music Beta didn't give them what they wanted, insiders detailed Thursday morning.

Industry officials are "pissed" Google chose the reduced but legal option instead of paying for licenses. Many labels wanted immediate cash advances, and the prices went up across the board as individual labels hiked their demands.

One of the "players" in the music industry that has signed up for Apple's cloud-based music service has been confirmed to C|Net.

It's Warner Music Group, the third largest of the big 4 music labels.

Apple is talking to music companies in order to allow customers easier online access to music they purchased, according to a new Bloomberg report issued late Thursday, March 3.

Google Inc is in talks with music labels on plans for a download store and a digital song locker that would allow its mobile users to play songs wherever they are as it steps up its rivalry with Apple Inc, according to people familiar with the matter.

Apple is reportedly working with the big 4 music labels, Warner Music Group , Sony BMG, Univesal Music Group, and EMI, on a project designed to stimulate digital sales of record albums.

The Financial Times cites four sources who state that the project, codenamed "Cocktail," is slated for a September release.

Many of the online radio stations had argued that the old rates were so high they were being forced out of business.