According to Bloomberg, Apple is currently in negotiations with major music labels regarding some major enhancements they are planning to bring to iTunes by mid-2011. These enhancements are said to focus around an “unlimited” download approach (with help from Lala?) so users can instantly re-download lost or damaged music titles.

The potential changes, that Apple is working on with Universal Music Group, Sony Music Entertainment, Warner Music Group Corp., and EMI Group Ltd, would also allows users to re-download songs, on the same Apple ID account, on multiple devices.

Currently, iTunes users need to repurchase music if they want to wirelessly download the songs to other iOS devices. Users could also of course sync via iTunes on their Mac or PC to work around these download charges.

Bloomberg also backs up claims of a new, free MobileMe that relies on Apple’s North Carolina data center for more cloud-based features.

Apple and the involved music groups declined to comment. (Thanks Spencer for the Image!)