A number of sources have told TechCrunch that Google will soon be starting a music service. At this point, information is incredibly scarce. If the sources are to be believed, Google has been romancing major labels to get music for the launch. One source gave the name of this new service as “Google Audio” which would fit with Google’s barebones naming policy. Right now, nobody knows if this service will be streaming, download, free or paid. We’re hoping for high-quality, low cost, legal, DRM free, MP3s. We’ll be sure to report more as it develops.
Update: TechCrunch is now reporting that Google has joined forces with iLike and LaLa for this new service. iLike was recently purchased by MySpace, which adds an interesting extra player to the mix, as many bands are still based on that network. The partnership is planning a major event for Wednesday, October 28.