Nokia talks to major labels about music service: report

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"We have negotiations and discussions ongoing with all the majors and a number of indies as well," Anssi Vanjoki, Nokia's executive vice-president, told the Financial Times. "Certainly our target is to have other labels on board."

HELSINKI (Reuters) - Nokia <NOK1V.HE> is in talks with all the major music labels to sell their songs through its "Comes With Music" service, expected to be launched later this year, a company executive told the Financial Times on Thursday.

"We have negotiations and discussions ongoing with all the majors and a number of indies as well," Anssi Vanjoki, Nokia's executive vice-president, told the Financial Times. "Certainly our target is to have other labels on board."

Nokia said in December it would offer unlimited music from at least Universal Music Group <VIV.PA> for buyers of certain Nokia devices.

The world's top mobile phone maker was well placed to weather the economic downturn, Vanjoki also told the Financial Times.

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(Reporting by Sakari Suoninen; Editing by David Holmes)