Google Taking On iTunes By Striking Music Deal With Four Major Labels

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Google Inc. (NASDAQ:GOOG) is challenging Apple Inc. (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN) by selling music. Google spent the last several weeks preparing deals with the four major music labels: Sony Music Entertainment, Warner Music, EMI, and Universal Music Group. The new Google service is expected to be called Google Audio.

When Google Audio launches, I wouldn’t be surprised if YouTube changes their default music purchase promotion to their own service. Currently when watching music videos on YouTube, there is a link to buy the song on iTunes or Amazon.com.

I don’t expect Google to do very well in this service because iTunes has already monopolized the music download market. iTunes is the number one music retailer in the world, even beating Wal-Mart. Google attempted to challenge iTunes by selling videos through Google Video, but it did not have much of a business impact.

Google Taking On iTunes By Striking Music Deal With Four Major Labels Comments

  1. rycooper says:

    You don't expect Google to do well with this service? Seriously? Are you kidding? Itunes may be the preferred destination at the moment, but add the search volume and Google exponentially will dominate the space. If by only volume alone. Can't agree with your viewpoint on this one.

  2. rycooper says:

    You don't expect Google to do well with this service? Seriously? Are you kidding? Itunes may be the preferred destination at the moment, but add the search volume and Google exponentially will dominate the space. If only by search volume alone. Can't agree with your viewpoint on this one.

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