What good is a music store if all you’re going to carry is music from indie labels? Not to rag on indie labels since we are fans ourselves, but the fact of the matter is that the major labels tend to feature artists and songs that are more popular, thus holding more selling power. While Apple may have easily secured deals with the major labels, Google seems to be struggling quite a bit, but rumors are now suggesting that Google is close to inking a deal with Universal Music.

A source has told Business Week that Google is nearing an agreement with Universal Music that will allow the company to secure songs from the world’s biggest music company. With the inclusion of Universal, Google will have two major labels on board, EMI included.

This seems to be in line with Google’s plans to launch a music store of their own that aims to compete with Apple’s iTunes store, but with a twist. Some are guessing that this twist will have something to do with integration with Google’s social networking website, Google+, although this has yet to be confirmed. We expect that more details will emerge about Google’s music store at an event Google will be holding on the 16th of November.

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