"We believe that Google is in the midst of creating its own iTunes competitor, which we've dubbed 'Google Tunes'," the analyst wrote in a client note issued today. "We think this is a logical step, now that the nascent Google Video product has been introduced."
Analyst Robert Peck speculated that it makes sense for Google to create a rival for the popular iTunes service by Apple Computer, given the explosive growth of unique visitors to the iTunes' Web site. "Further, Nielsen [Net Ratings] indicates that iTunes users form a distinct target audience with brand preferences along autos, alcohol beverages, magazines, and television," he added.
From Forbes.
That wouldn't be very surprising, but they should do a better job with Google Video Store first.
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