via NY Post:
Former Warner Music boss Lyor Cohen is talking to Google about financially backing his new business music venture, The Post has learned. Cohen, who has been quietly building a talent management company and a music label, has been in discussions with the search giant about its desire to make music-related investments, sources said.
Google’s YouTube is planning a new paid music subscription service that could roll out as early as next month, according to reports. A Google rep couldn’t immediately be reached. Cohen stepped down as the chairman and CEO of Warner Music Group’s recorded music division last September after the company was sold to Len Blavatnik’s Access Industries.