The Wall Street Journal is reporting that Google is getting ready to announce their own music streaming service. They mention that Google has signed deals with Universal Music Group, Sony Music Entertainment, and Warner Music Group. No word on pricing.

With Google I/O just hours away there is one final bit of news making rounds on the internet today. Google is reportedly readying a music streaming service that will likely be officially announced at their I/O conference.

 
 
The report comes from The Wallstreet Journal and they claim that sources close to the matter have informed them that the service is coming and that Google has already signed deals with Universal Music Group, Sony Music Entertainment, and Warner Music Group. That’s quite a lineup and it allows Google to make a very big impact from the get-go.
 
If rumors are true and Google does unveil this at their conference on Wednesday, they’d be pre-empting Apple who has also been rumored to be working on a similar service of their own. The New York Times is also reporting that Google’s rumored music service is expected to be subscription only with no free tier available, and there is no confirmation on global availability. There is also no word on how the subscription model will be priced but it isn’t unreasonable to assume that it will be somewhere around $10 a month, similar to the competition. 
 
Competition is always a great thing in the industry and it will be interesting to see how all of this shakes out for the different companies, and the good news is that we may not have to wait long to hear from one of them. I/O remains only hours away, hopefully answers follow.