iTunes Is Unlikely to Move Into the Cloud Tomorrow?

Peter Kafka from AllThingsD believes it's unlikely that Music Subscriptions or Streaming will be announced by Apple tomorrow.

Earlier today Apple used its entire homepage to say that "Tomorrow is just another day. That you’ll never forget. Check back here tomorrow for an exciting announcement from iTunes."

Many hope that tomorrow will move iTunes into the cloud; however, Kafka's industry sources put a damper on that possibility.

The music industry sources I’ve talked to so far today don’t know of any new deals between Apple and the big music labels. So that would rule out a new subscription service, which would definitely require a new rights deal.

And that also makes it very unlikely that Apple does the next best thing: Letting users upload their iTunes catalog to the cloud, and letting them access it anywhere they want.

Let us know what you think it might be in the comments...



*thanks iclarified*

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