Google Music, the online music service that provides access to millions of songs, is now owned by the music channel Beats.
The deal, announced Monday, makes Beats the largest independent digital music company in the world, bringing with it its own music streaming service, music subscription service, and the ability to promote its music through Google’s YouTube video platform.
Beats has already announced that it will be expanding its music channels, including Beats Music.
Beats’ content will continue to be available to consumers through Google Play Music and Google Play Movies and TV, and will continue being available to Beats’ own music fans through the Google Music service.
Bears, a premium streaming service with a focus on dance music, will be renamed Beats Music, according to the announcement.
The company said it is the largest streaming music service in the U.S., with a market cap of $9.5 billion.
The deal is subject to customary closing conditions.