Google to announce a music streaming service at I/O 2013

Sure, Google I/O may not focus on new products, but it might just take a moment to unveil the firm's take on music streaming. According to The Verge, Mountain View has inked licensing deals with Universal Music Group and Sony Music Entertainment for YouTube and Google Play.

With Fortune having reported that a similar deal with Warner Music Group is already in the can, it's entirely possible that the search titan could reveal its Spotify-like service at the developer event, now that it's reportedly reached critical mass with major music labels. If things pan out as the Financial Times sees them, the tune streaming would complement Google Music, and likely sport paid and free, ad-supported experiences. Page & Co.'s dev shindig may not have skydivers this year, but on-demand music may be on the program.

We have been hearing for a while now that Apple will be launching its own music streaming service but with today’s launch Google should get a decent head start. Although, it is being said that Apple would have a streaming radio service such as Pandora rather than an on-demand service like Spotify or Google’s offering.

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