Last week, Google met with a group of music industry executives. While Google denied they're planning to launch a Music Store, some analysts suspect that Google is getting ready to rival Apple iTunes.
"We have no plans at this time to develop a music store. Google offers a music search feature to provide users faster access to music-related information they are searching for. We offer users links to third-party sites where they can purchase music if they'd like to." Google explained.
"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," writes Mark Stahlman, an analyst from Caris.
Google already has a Video Store that doesn't prove too successful, due to the low amount of quality videos to purchase.