News, info, and opinion by Mac users, for Mac users.

January 31, 2006

music

Google looking into MP3 store

Posted Jan. 31, ’06, 7:29 PM PT by Derik DeLong
Category | Music

Google What does Internet search giant, Google, do shortly after it realizes it screwed up with its video service? The obvious course of action is to go into the music selling business. Maybe that’s why I’m not a multi-millionaire; I don’t view that as a good course of action.

“Bear Stearns maintained an ‘outperform’ rating on Google and said the Internet search giant may be looking to expand into the MP3 downloading business,” Peter Kang reports for Forbes. “‘We believe that Google is in the midst of creating its own iTunes competitor, which we’ve dubbed ‘Google Tunes’,’ the analyst wrote in a client note issued today. ‘We think this is a logical step, now that the nascent Google Video product has been introduced.’ Analyst Robert Peck speculated that it makes sense for Google to create a rival for the popular iTunes service by Apple Computer, given the explosive growth of unique visitors to the iTunes’ Web site.”

Google Tunes, catchy name, yeah.


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