Apple strikes deal with Sony for streaming iTunes music service

Apple has reportedly inked a licensing deal with Sony Corp.'s music division to begin offering the label's catalog in the cloud, leaving Universal Music Group as the last holdout among the major record labels.

Source:
http://www.appleinsider.com/articles/11/05/20/apple_strikes_deal_with_sony_for_streaming_itunes_music_service_report.html