toggle

AAPL Stock: 130.28 ( -1.5 )

Printed from http://www.macnn.com

Google nearing music service launch?

updated 06:45 pm EDT, Mon April 3, 2006

Google music service?

Google may be nearing the launch of its own version of the iTunes Music Store. A new research report says that late last week, Google met with a group of music industry executives. While it was described as a private event as merely for "networking," research firm Caris & Company suspects that Google is getting ready to launch an online music service, according to Forbes. "The music industry is broadly unhappy with the fixed pricing and lack of subscription options at the market-leading iTunes Music Store and likely to support alternative services," wrote the analyst in a recent report. Forbes notes that the company has recently told analysts that it has plans to expand revenue opportunities by entering into media downloads and localized ad-search. The research firm also noted that Google has expanded the availability of its experimental local AdWords to all customers in the U.S., Canada and Britain, which will allow targeting ads based on the user's location when integrated with Google Maps. In addition, the report notes that Verizon has become an AdWords reseller, further enabling Google to expands its revenue base.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. ZinkDifferent

    Joined: Dec 1969

    0

    Of course...

    ....since Google's video download/sales service was such a success (NOT), it makes sense for the industry to cater to Google's next media distribution fiasco.

    Honestly, I love Google - but they should stick with what they know and do best -- and media downloads and sales isn't one of those things.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Notti smart lamp from Witti

Perhaps you've already seen our review of the Dotti LED display from Witti Design. Meet Notti, Dotti's "sibling". Notti is a softb ...

Seagate Personal Cloud (2-Bay)

When it comes to backing up files, many users are now looking to the myriad of cloud storage solutions available. There is no doubt th ...

Leitz Icon Label Printer

When you say the words "label printer" to people, they either just really don't care, or they get incredibly excited. This is one o ...

toggle

Most Commented