Amazon (s AMZN) has signed agreements with Sony Music Entertainment, EMI Music, Universal Music Group, Warner Music Group as well as various publishers and indie label distributors, the company said Tuesday. These new agreements allow the company’s cloud player to scan a user’s hard drive, identify songs and then make them immediately available online and on mobile devices.
Songs will be upgraded to 256 kbps MP3s, even of the source is of lower quality. Users will be able to transfer up to 250 songs for free, while a premium version with access to a whopping 250,000 songs will cost $25 per year.
These new features as well as the pricing essentially mimic Apple’s (s AAPL) iTunes in the Cloud offering, but represent a shift in strategy for Amazon: The company initially launched its cloud music locker without licenses from the labels, which made it necessary for consumers to upload…
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