• GigaOm, Tuesday, December 28, 2010 1:05 PM

While Apple is busy celebrating the arrival of the Beatles in the United States like some over-eager teenager at Shea Stadium Google is building a cloud-based music service for this century. As a leaked (and bug-filled) player indicates, Google may be close to realizing its promise of a streaming music player for the web and Android.

GigaOm reports that the service would likely cost $25 a year. "That service would likely depend on licensing arrangements between Google and the record labels," the blog writes. "And it would compete with a number of existing third-party music streaming services, such as MP3Tunes, MOG, Rdio, Rhapsody, and Spotify (not yet available in the U.S.) just to name a few."

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