Amazon.com Inc. (AMZN), the biggest online retailer, is negotiating with record labels over licensing rights related to music storage on its new cloud service, two people with knowledge of the discussions said.

The company unveiled a service this week that lets consumers store digital music on its servers and play tracks on computers and smartphones running Google Inc. (GOOG)'s Android. Amazon started the service “without a license,” said Brian Garrity, a spokesman for Sony Corp. (6758)'s music unit.

Read the complete Bloomberg story, “Amazon Negotiates With Music Labels on Cloud Storage.”