Google’s Chris Yerga is on-stage now to announce Google Play numbers: The marketplace boasts over 600,000 apps and games, roughly 1.5 billion installs every month, and 20 billion total app installs to date.

The executive also said magazine subscriptions and television rental options are coming to Google Play. The magazine-reading experience is premium, Yerga touted, while explaining new interactive aspects to magazine thumbing on the newly unveiled Nexus 7. Television viewing is also exceptional due to download options for offline access. A few of the big television partnerships, Yerga said, include Disney, ABC, Sony, and Paramount.

The 2012 Google I/O Developers Conference starts today at the Moscone Center West in San Francisco, Calif., with events continuing until June 29 at 4:30 p.m. PST.

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