Lyrics will now show up in Google search results thanks to a partnership with LyricFind. Song texts will also make their way into Google Play Music, not just for the users to read, but also as part of music discovery.
As part of the deal, songwriters and rights holders will be paid royalties based on view counts. LyricFind aggregates lyrics from over 4,000 publishers, including UMG, Sony, Warner and more.
Undoubtedly many lyric sites are scrambling right now as their visits will tank, but others offer added value - like the annotations over at Genius, which are usually written by users, but Eminem has been known to add notes on his lyrics.
Note that Bing already displays lyrics by LyricFind.