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GOOGLE INC (GOOGL)

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Google Inc : Google in Talks With Music Labels About Streaming Service -FT

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02/23/2013 | 01:05am CEST

Google Inc. (GOOG) is in talks with major music labels about starting a streaming service, the Financial Times reported Friday.

The report said Google is expected to provide a subscription version and a free ad-supported service.

Google declined to comment, the FT reported.

Website: www.ft.com

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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Financials ($)
Sales 2016 88 490 M
EBIT 2016 29 460 M
Net income 2016 24 492 M
Finance 2016 49 249 M
Yield 2016 -
P/E ratio 2016 29,18
P/E ratio 2017 24,62
EV / Sales 2016 5,62x
EV / Sales 2017 4,75x
Capitalization 546 940 M
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Consensus 
Mean consensus OUTPERFORM
Number of Analysts 48
Average target price 938 $
Spread / Average Target 16%
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Managers
NameTitle
Lawrence E. Page Chief Executive Officer & Director
Sergey Mikhaylovich Brin President & Director
Eric E. Schmidt Executive Chairman
Ruth Porat Chief Financial Officer & Senior Vice President
Louis John Doerr Independent Director
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