Google Offered Labels $100 Million To License Cloud Music Service

(UPDATED) Google offered the for major record labels an advance of as much as $100 million to license a more cloud music service than it launched last month as Google Music Beta, according to Businessweek. The labels reportedly refused unless Google did more to stem piracy. Some question if the labels are not also giving Apple a competitive advantage as they prepare to launch their iCloud Music service, which some say could happen as early as next week.