Blog: Hypebot

When Google launched it's music service, there was hope that, despite being late to the download party, a real iTunes alternative might finally be in the making. According to financial documents shared as part of the ongoing trail with Oracle, Google themselves projected $1.5 billion by this year. But in reality, Google Music revenues are just a tiny fraction of that hoped for number. Macquarie analyst Ben Schachter projects that Google Music will actually generate less than $100 million this year, calling music Googe's "biggest miss". Google knew [...]