The new iTunes iMatch service will cost $ 25 a year , with unlimited storage . For Apple , Apple will give the One major labels roughly 12 percent of future profits . `` If everyone in America who consumed music paid $ 25 to put their music in a cloud and then [ iCloud ] turns into a subscription-based music service -- does n't sound bad to me . Apple is n't the first to provide such a service -- Apple unveiled its Cloud Drive in March .
The new iTunes iMatch service will cost $ 25 a year , with unlimited storage . For Apple , Apple will give the One major labels roughly 12 percent of future profits . Apple is n't the first to provide such a service -- Apple unveiled its Cloud Drive in March .