8/5/2006

Google quashes talk of expansion into music sales

Filed under: — By Aviran Mordo @ 12:51 pm

Don’t look for Google to get into digital music sales anytime soon.

The Internet search giant used a keynote slot at the annual NARM (National Association of Recording Merchandisers) conference to quash rumors of a so-called “Gtunes” store — much to the delight of retailers attending the confab.

“We are not going to be selling music,” Chris Sacca, head of business development for Google, said in an August 3 address to music merchants and distributors during the August 2-5 event in Kissimmee, Fla.

Talk of a Google digital music solution has been swirling for more than a year. A Bear Stearns analyst predicted in January that a Google rival to Apple’s iTunes Music Store could come in as little as six months. And speculation intensified as the company branched into selling music videos from Sony BMG via Google Video, and offering a new dedicated music search function.

But in the wake of a cool reception to Google video sales, and in the face of a challenging environment for digital rights management and device compatibility, the company appears to be putting the brakes on expectations for a retail play in music and other areas of digital entertainment.

Source: Reuters

 

Leave a Reply

You must have Javascript enabled in order to submit comments.

All fields are optional (except comment).
Some comments may be held for moderation (depends on spam filter) and not show up immediately.
Links will automatically get rel="nofollow" attribute to deter spammers.

Powered by WordPress