Verizon Wireless and partner Microsoft are set to announce the launch of a new online music store, VCAST Music, at CES. The new service will go live January 16th and offer music downloads a la iTunes. Verizon intends for the new service to extend their current VCAST video service for mobile phone customers. The new music service will allow customers to download music direct to their enabled cell phone and transfer them to the PC. Verizon has partnered with Microsoft for the new service, which runs on Windows Media Player 10 technology.