Amazon is Trying to Beat Apple and Google to the Cloud?

Amazon may soon launch a cloud based movie and music locker service, beating Apple and Google to the punch, according to a CNET report.

Sources from both the film and music industries said Amazon is working on creating a cloud locker service that would enable users to store their existing music, film, and book collections, even content not purchased at Amazon, on the company’s servers.

The online merchant has yet to obtain all the necessary licenses, but Amazon managers told counterparts at the studios and labels that it could announce the service before all the negotiations are complete, the sources said.

Amazon is rushing to beat Google and Apple; both of whom are rumored to be developing similar services.

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