Media event set for September 9, launch likely ~10 days later.
Google Working on Subscription-Based Streaming Music Service
Currently, Google has a scan-and-match music service like iTunes Match, as well as an Android-focused music download store.
Google Inc.'s Android unit has been negotiating with music companies to start a paid subscription music-streaming service akin to Spotify AB, according to people familiar with the matter.There have been rumors for nearly five years about Apple developing a subscription music service, though more recently reports have surfaced that Apple is aiming to release its service sometime in 2013.
Separately, Google's YouTube video website is trying to obtain licenses from music labels to start a paid subscription service for music videos and potentially also for audio-only songs, these people said.
Bloomberg reported in October that Apple was aiming for a first quarter launch, but record labels have suggested that negotiations were hung up over licensing fees.