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Tuesday, April 04, 2006

GOOG: Google Launching Music Store

Last week Google met with a group of music industry executives and described the private event as merely for "networking." But Caris analyst Mark Stahlman suspects that Google is getting ready to launch a Music Store to rival Apple Computer iTunes.

"The music industry is broadly unhappy with the fixed pricing and lack of subscription options at the market-leading iTunes Music Store and likely to support alternative services," wrote the analyst in a recent report.

In addition to the potential Music Store, Google has expanded the availability of its experimental local AdWords to all customers in the U.S., Canada and Britain. Integrated into Google Maps, the service is expected to allow targeting ads based on the user’s location.

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