TechCrunch claims Google cooperated with iLike and LaLa on a new music service that will be released on Wednesday, October 28, 2009.
iLike was recently acquired by MySpace, so the new service may involve them as well.
From information we’ve gathered from sources, the new service will be integrated into Google search. Users will be able to stream songs directly from Google via partners iLike and LaLa. Additional information around the music query will be provided to users as well (presumably any relevant results from YouTube as well as information already available in Google’s existing music search – example). One source said that Google will organize music searches in a way very similar to the way they do public company stock searches today.