Google entering the music biz

In its neverending quest to rule Earth and everyone who dwells upon it, Google is now apparently cannonballing into the music industry with a new music search and download section, setting the company up for a battle royale with Apple’s iTunes Music Store. An announcement is scheduled to blast out next Wednesday that details Google’s new music thingy, which will include links to artist news, song lyrics and videos — along with ways to preview and buy tracks via Lala and iLike, according to Associated Press sources.

Apparently, several labels — including Universal Music Group, Sony Music Entertainment, Warner Music Group and EMI Group — started talking to Google about this a year ago and will be working with them on this new deal, giving the labels yet another avenue of online sales. Google allegedly won’t see any cash from song downloads, but will make its money off ads on the search result pages. That could get interesting….