Saturday, February 23, 2013

GOOG: In addition to hatching plans for a...

5:49 PM In addition to hatching plans for a Spotify-like streaming service, Google (GOOG) is talking with studios about a YouTube subscription service for music videos and perhaps audio-only songs, the WSJ reports. YouTube is already rumored to be discussing taking a 10% stake in music video site/partner Vevo, and of rolling out a subscription service for individual channels. Separately, BI observes Google is stepping up its challenge to Groupon (GRPN) by making it easier to buy search ads for local deals. Read comments

GOOG price at time of publication: $799.71. Check GOOG price now »

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