Turntable.fm, the service that allows users share music within virtual "rooms," is closing in on becoming a fully licensed service, CNET has learned.
A cross between Napster and radio, Turntable has already signed EMI to a recorded-music deal and is close to penning agreements with Universal Music Group and Sony, according to multiple sources with knowledge of the talks.
The music service is also still in talks with Warner Music Group. A spokesman for EMI declined to comment. Representatives from Turntable.fm and the other labels did not respond to interview requests.
A legal Turntable will potentially … Read more