Google reportedly signs deal with Sony and Universal ahead of launching music streaming service

Sure, Google I/O may not focus on new products, but it might just take a moment to unveil the firm's take on music streaming. According to The Verge, Mountain View has inked licensing deals with Universal Music Group and Sony Music Entertainment for YouTube and Google Play. With Fortune having reported that a similar deal with Warner Music Group is already in the can, it's entirely possible that the search titan could reveal its Spotify-like service at the developer event, now that it's reportedly reached critical mass with major music labels. If things pan out as the Financial Times sees them, the tune streaming would complement Google Music, and likely sport paid and free, ad-supported experiences. Page & Co.'s dev shindig may not have skydivers this year, but on-demand music may be on the program.

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Google reportedly signs deal with Sony and Universal ahead of launching music streaming service