Google To Launch Download Service

Google To Launch Download Service
Google will launch a music download service tied to its search engine later this year, followed by an online subscription service in 2011, according to The Wall Street Journal. The service will provide links to an online store when users search for an artist or song. This will lead to a cloud-based subscription service that will allow Google's Android mobile users to stream songs without having to store music files on their devices. Details regarding record label partnerships were not available. (6/22)

UK To Increase Music Sales Tax
The UK music industry will take a hit as the value added tax increases from 17.5 percent to 20 percent as part of the Conservative and Liberal Democrat coalition's strategy to tackle the country's budget deficit. The increase will take effect on Jan. 4, 2011, affecting the price of CDs, concert tickets and other music-related goods. (6/22)

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