Economic Calendar

Friday, October 14, 2011

Google Is Said to Seek Rights by Month’s End to Start Online Music Store

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By Andy Fixmer and Brian Womack - Oct 14, 2011 6:03 AM GMT+0700

Google Inc. (GOOG) is seeking to sign agreements with record companies by the end of the month to start a music store to compete with Apple Inc. (AAPL)’s iTunes, three people with knowledge of the talks said.

Google is seeking permission to sell downloads as well as to stream purchased music to its customers’ devices, said the people, who requested anonymity because discussions are private.

In an e-mailed statement, Mountain View, California-based Google declined to comment.

The talks were reported earlier by the New York Times.

To contact the reporters on this story: Andy Fixmer in Los Angeles at afixmer@bloomberg.net; Brian Womack in San Francisco at bwomack1@bloomberg.net

To contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net; Tom Giles at tgiles5@bloomberg.net



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