According to sources of the Financial Times, and corroborated by The Verge's own sources, Google has been talking to music labels about licensing deals for a subscription music service to launch in the third quarter. Play Music (then Google Music) has only been around since May of 2011, and only received notoriety when several major music labels finally signed on to sell music in the Play Store. If these new deals pan out, Google could be looking to offer a montlhy paid subscription music service for users that would prefer not to purchase individual tracks, with a free tier that offered unlimited play but with advertising.
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