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Wednesday, October 21, 2009
Business / Teh Internets Google Getting Into the Music Biz?
Posted by Grant Brissey on Wed, Oct 21, 2009 at 12:36 PM
The nail in the Myspace coffin:
Multiple sources are reporting that Google is on the verge of launching some sort of "music service."The rumors began with a TechCrunch story Tuesday night that claimed Google had spent "the last several weeks securing content" from the major record labels in the run-up to this alleged launch. But other sources say this content-acquisition bit is wide of the mark.
Both Wired.com and CNET News paint the service as more of a vertical search engine, offering links where users can purchase songs from music sites such as Lala and iLike, which was recently acquired by MySpace.
Since Google runs roughshod over competition in every market it enters, I can't see this boding well for Myspace, whose music tools for artists are really the only thing keeping them relevant, at least in terms of revenue generation. Also, "content acquisition" suggests Google will be selling, not just linking to a third party.
h/t: the Register
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