Read Write Web reports on an exciting announcement for music lovers from MOG a music service with a social networking component.

Just when you thought media darling Spotify was going to be the sexiest music service of the year, music blogging platform MOG is announcing plans to offer a $5 dollar per month, all-you-can-hear music service. In an interview with MOG CEO David Hyman, ReadWriteWeb learned that tomorrow morning the company will announce deals with Universal, Sony, Warner and EMI. While other services are scrambling to sign licensing agreements with the four major US labels, MOG All Access will launch before November 26. It looks like Americans will have plenty to celebrate this Thanksgiving.

MOG All Access is a browser-based service that will offer more than 5 million on-demand tracks from a number of major and indie record labels.

Similar to Grooveshark the service will require no installation; however, unlike Grooveshark, MOG will not provide a free music service beyond its initial trial period.

I’ve not had a chance to explore these sites, but I’m kind of partial to a site I recently discovered called Lala.com. It’s interesting because you can upload your own music collection and listen to it anywhere. You can also purchase web songs and albums that you play online at a very low price.

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