Apple Now Monetizing Pirated Content

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iTunes in the Cloud has one more good thing.

At WWDC 2011, Steve Jobs unveiled iTunes in the Cloud and “one more thing” goodie iTunes Match, a move that TuneCore CEO and founder Jeff Price believes will monetize piracy and reset the music industry.

iTunes in the Cloud will allow users to download any songs purchased in iTunes to all of their devices, at no extra charge (up to 5GB of music). Once the service is launched — likely Monday — any music purchased on iTunes from here will be synced automatically…

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