Google appears to be working on an online music store that will compete with the established offerings of Apple and Amazon. How competitive this online store will be is unclear, at least based on what is currently reported about its status. Google reportedly has held talks with Universal Music Group, Sony Music, EMI Group and Warner Music Group to license their catalogs, but only EMI Group is said to be close to inking a deal. It is understandable that the music studios may be hesitating — they are likely positioning themselves for the best possible terms.
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Google Lining Up Ducks for Online Music Shop
Posted by: Erika Morphy October 17, 2011 08:47 AMGoogle appears to be working on an online music store that will compete with the established offerings of Apple and Amazon. How competitive this online store will be is unclear, at least based on what is currently reported about its status. Google reportedly has held talks with Universal Music Group, Sony Music, EMI Group and Warner Music Group to license their catalogs, but only EMI Group is said to be close to inking a deal. It is understandable that the music studios may be hesitating — they are likely positioning themselves for the best possible terms.