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Google (NSDQ: GOOG) is circulating a proposal among major record labels for a long-anticipated music service that would include an a la carte digital download store and a subscription-based cloud-based locker, according to industry sources.
The search giant has proposed charging consumers about $25 a year to store songs in the locker, from which they could access their music on an internet-connected device by either streaming or downloading. Google’s download store would operate like a conventional digital retailer, giving the consumers the ability to purchase individual tracks and digital albums. More on Billboard.