Apple Securing Rights To Put Hollywood Blockbusters In The Icloud

In a well coordinated leak, both the LA Times and WSJ are reporting Apple is currently in talks with Hollywood movie studios to secure rights to store and potentially stream content with iCloud as early as late 2011 or early next year.

The LA Times’ report even mentions the possibility of Apple opening up content from the studio-backed Ultraviolet streaming service to iOS apps. Perhaps a trade-off that allowed them to secure deals for iCloud?

We heard reports as far back as May that Apple was in discussions with movie studios and it looks like a reported year worth of negotiations will soon pay off.