Google Audio a iTunes Killer?

Google plans to launch a music service, Wired.com has confirmed with sources familiar with the situation. Next to nothing is known about the service at this point, rumored to be called “Google Music,” “Google Audio,” or “One Box,” although we have confirmed that it will be announced next Wednesday, and that it will link out to two music services: Lala and iLike.

After interviewing JumpFox.com’s CEO William Kasel weeks ago about Myspace’s acquisition of iLike he called it a “total strategy play for bigger plans in the near future”. Now that Google is launching their new music search services with a joint venture with iLike and Lala, Google and Myspace could turn out to be the iTunes killer or at lease compete years down the road. We all know that iTunes still controls 65% of digital downloads, in my opinion Google Audio still has a lot of catching-up to do.