Once-buzzy music startup Turntable.fm is on the verge of signing licensing deals with several major labels, according to a report on CNET. It claims EMI has already signed on the dotted line, while the startup is “close” to inking deals with Sony Music and Universal Music, and in talks with Warner Music. When Turntable.fm launched last year with its avatar-based DJ rooms, it didn’t have licences, although it has since signed deals with ASCAP and BMI in the US. Deals with the labels could help the service relaunch in other countries – it was forced to block access fairly early on in its lifetime. In 2012, though, it’s facing competition from a new breed of startups like Soundrop, which has built its own social DJing service on Spotify’s apps platform.