It is all speculation and some amount of deductive reasoning, but I suppose it is inevitable that Google will do something more in online music (and hopefully better planned than Google Video). Bear Stearns analyst Robert Peck speculated in a report yesterday that it makes sense for Google to create a rival for iTunes.
“We would expect Google to rollout a Beta service within 3 to 6 months. We note that Google has not confirmed our expectations, and that our thinking is based on Mosaic theory [uh, that means common sense, really],” said Peck. “However, we do think this fits with Google’s recent moves and its ultimate goal of organizing the world’s information.”
Meanwhile, Gary Price has the breakdown of speculation and some hints around Google’s music entry.
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