Today, in an event called “These Go to 11”, Google announced that they will start selling music through the Google Marketplace. Also, Google Music is officially out of beta, and open to all users now. There are around 1 million users of Google Music as of right now, and now that it is open, there will likely be a lot more that join.
As far as how Google will operate their new marketplace for music, Artists will be able to sign up for $25(one time fee), and will receive a 70% share of the sale price. Artists also will be able to set the price for tracks at whatever they want. This provides a large benefit to Independent artists, as Android just recently topped 50% global market share for smart phones( see this link for more information about that). Also, they are adding a recommendation feature, so that songs like the ones that you have bought in the past, or songs that your friends/circle mates have bought, can be found more easily. All of the songs that are purchased on the new market, will be a high-quality mp3 format. For the actual purchase itself, it will use Google Wallet to handle the transaction. Sony, EMI, and Universial all have signed on to the Google Music marketplace, but Warner has not. 1,000 other music labels have also signed on, and 8 million tracks are available now, with 13 million to be available soon.
As far as the Google Music service itself goes, users will now be able to share songs with others in their circles, for free(but a user can only share a song once with a particular person). Google Music will remain to be free, as is the case with most Google products(with a few notable exceptions). The limit of songs that you will be able to upload to the service will be 20,000 songs, untill you pay a certain amount to store more than that.
This does seem like it has a very good chance to break iTunes’ hold on the music market(which Amazon tried to do, but it fell short). Albeit, I haven’t seen very many statistics about Amazon’s vs Apple’s market share in the music purchasing market, from what I have been able to gather from just the people around me, is that it hasn’t made a huge impact(Amazon going into that market that is). It would be interesting to see though(if you know of any recent ones, please leave them in the comments down below).
So, now the real question. Will this impact your music purchasing habits? From where do you get most of your music? Feel free to discuss that down in the comments as well.