Mountain View, Calif. – Google (NASD:  GOOG) is pitching a digital music service to the major record labels that includes a song download store and complementary cloud-based digital locker storage, Billboard reported, citing sources. The cloud storage element of the service would cost about $25 per year, and offer consumers purchasing songs the option to automatically add them to their online lockers.

Google has reportedly proposed splitting the $25 fee with rightsholders, with music publishers to take a 10.5% share — although sources weren’t clear on the details.

The company also hopes to offer consumers the ability to listen to any full-track stream once, and create shareable playlists that others can listen to in their entirety once before streams revert to 30-second samples.

It’s unclear whether the locker service would support storage of tracks downloaded for free from file-sharing networks.

Sources told Billboard that Google is seeking a three-year licensing term with record labels, but weren’t sure where or when the service would first launch.

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(Billboard)

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(Wired.com)