.
Apple’s offering could be either part of the cloud iTunes initiative or a separate product based on the MobileMe services suite. The talks between Apple and four major labels are stalling, various sources claim, because the two parties couldn’t agree on streaming fees. The labels allegedly want to be paid for every stream, be it an iTunes Store purchase or a track ripped from a CD. Apple will invest $1 billion in a North Carolina datacenter over the course of ten years. The facility is being described as one of the largest datacenters in the world. It’s scheduled to go live soon and is probably designed to handle huge amounts of streaming media.
