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Google To Unveil Music Service

Internet search giant Google is gearing up to unveil a online music store that will compete with Apple iTunes.

According to reports The Wall Street Journal:

Sony Corp.’s Sony Music Entertainment, Vivendi SA’s Universal Music Group, and EMI Music are expected to have deals in place to let Google sell their music in time for an announcement Wednesday afternoon in Los Angeles.

Reports also state that Warner Music Group is the lone major music publisher holding out, due to concerns over piracy and pricing.

The Google online store would instantly be a competitor and threat to Apple, who’s iTunes service has dominated online music sales since it’s launch 8 years ago.

More information on this story will be reported once it becomes available.