Google may finally launch its music store (and music file-sharing) tomorrow

Since the launch of Google Music, we’ve been waiting for the ability to buy songs from inside the app. That wait might be over as soon as tomorrow, according to new reports.

Music company EMI has already signed an agreement with the Android maker, and a deal with Universal Music Group should be official tomorrow, November 16, according to Bloomberg sources close to the matter. Billboard also confirms this report and states that indie distributors are also signing up.

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All in all, the new music store launch is Hollywood’s worst-kept secret, and we can’t wait for all the rumors to be confirmed.

Google is holding a press event in L.A. starting at 2 p.m. Pacific Time tomorrow. Stay tuned for live coverage and news from the event.

Here’s another interesting tidbit about the Google Music experience: Google Music will support peer-to-peer file sharing. Users who buy songs will be able to share those songs with friends, and those friends will be able to play the songs a limited number of times without purchasing the songs themselves.

When Google Music launched at Google I/O, the company’s developer conference, back in May, it did so without any fully negotiated agreements with record labels. At the time, Hollywood wasn’t too happy with the company.

“People are pissed,” one record label source told The Hollywood Reporter. Google had tipped labels off that the service was coming, so the Google Music launch wasn’t a total shock. Nevertheless, the company portrayed the labels as a problem child and launched a cloud-based music service without inking any agreements first; you can’t blame the record companies for a bit of pouting in that scenario.