Google is expected to announce two new music streaming services that would compete with Spotify and Pandora during its annual I/O developers’ conference, The Verge reported.
In preparation for the launch of its music streaming services on its YouTube and Google Play platforms, the internet company has signed separate licensing deals with Universal Music Entertainment and Sony Music Entertainment. It is also in the process of negotiating deals with other labels. This means that a significant number of Top 40 artists will be available to stream when it goes live at an unspecified date.
Sources told The Verge that the music streaming services would be similar to Spotify, where listeners can stream on-demand tracks to their computers or mobile devices. If listeners are looking for a free option before thinking about subscribing, Google’s music streaming services won’t offer one, according to the New York Times. Its subscription fee may be similar to Spotify and other competing services, which average around $10 a month.
While Google is close to launching the two new music streaming services, Apple is working on creating its own Pandora-like service that would play songs at random based on a user’s music preferences. The upcoming launches of Google and Apple’s music streaming services would add to an already saturated market and possibly give Spotify, Pandora and Rdio some serious competition.
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