Microsoft will use the E3 gaming conference to show off a new Xbox music service, according to The Verge.
It likely won't be officially released, however, until the launch of Windows 8 later this year.
The feature, codenamed Woodstock, will serve as a replacement for Zune, as Microsoft shifts the focus to Xbox. But it will work on a variety of platforms through the browser, The Verge reported.
It appears that Woodstock will bring in features already available on rival services - Spotify-esque playlists, iTunes Match-like matching, and a whole lot of Facebook sharing.
Last month, Microsoft confirmed that it won't introduce any new Xbox hardware at June's E3, and it's likely that there won't be a so-called Xbox 720 until 2013 at the earliest.
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At last year's E3, Microsoft announced Live TV, which added live television streaming, built-in DVR functionality, voice-powered Bing searches, and a content deal with YouTube to Xbox. The company eventually teamed up with Comcast and Verizon for the service.
In November, Google Music made its debut, which allows users to store songs in the cloud and buy tracks directly from the Android Market. For more, see 7 Things You Need to Know About Google Music.
Last year, Amazon also unveiled its cloud music service. For more, see PCMag's full review.