I'm officially excited now, I really hope this is what I've been looking for (iTunes streaming etc.)
To have a large collection of tunes but having that tied to one computer is annoying, and portable devices can never carry it all, so this missing gap I hope Apple fill it.
If it's true of all purchases being made streamable and all your personal songs uploaded to the cloud it would free up so much, you wouldn't need big HDDs anymore, and knowing you could access your content anywhere with wifi would be epic.
I heard in a recent blog post that iCloud would only allow for songs bought on the iTunes store to be used on the cloud. Other songs may be "coming soon".
Macrumors.com said:CNet reports that labels will get 58%, publishers 12%, while Apple retains 30%. They also add that streaming won't be available on Monday but will be offered "soon". And at first, Apple will only store music in iCloud that was purchased in iTunes, but Apple is looking to include songs outside iTunes "sometime in the future".
Source - Apple Finally Signs Universal Music, iCloud Streaming Available "Soon"
Slightly disappointing if that's the case
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