On MONDAY (NET NEWS 11/14), ALL ACCESS reported GOOGLE was ready to finally launch its music service — but they were expected to do it without WARNER MUSIC and SONY to start — having only signed a deal with UNIVERSAL MUSIC GROUP. GOOGLE sent invitations MONDAY for a press event, to be held in LOS ANGELES, where the company is expected to add downloads to its cloud music service, as well as unveil social-networking features.
Now BLOOMBERG reports, GOOGLE has reached an agreement to offer songs from SONY CORP. for a new music service being announced TOMORROW, a person with knowledge of the situation said, leaving WARNER MUSIC GROUP as the lone holdout. VIVENDI SA‘s UNIVERSAL MUSIC GROUP and EMI GROUP, the other two major record labels, have already signed on, said two people, who weren’t authorized to speak publicly.”
It’s expected that GOOGLE’s store in the cloud will allow songs to be stored online and played from multiple devices. The pricing has been rumored at 99 cents to $1.29.
Retrieved from: http://www.allaccess.com/net-news/archive/story/99063/report-google-music-has-a-deal-with-sony?ref=mail_recap (Nov 16, 2011)