YouTube to Launch Music Subscription Service in March 2018

Apple's streaming music service will soon face another major competitor, as YouTube prepares to launch a paid music service in March of 2018, reports Bloomberg.

YouTube has already inked a deal with Warner Music Group and is in talks with Sony Music Entertainment, Universal Music Group, and Merlin, a group of independent labels. The service will allow YouTube to better compete with Spotify and Apple Music, and it will provide more revenue to music labels that have been pushing for more money from the video site.

Yet major record labels say the growth would be even more significant if not for YouTube, which they criticize for not compensating them enough, considering how much people use the site to listen to tunes. Music is one of the most popular genres of video on YouTube, which attracts more than a billion users a month.
YouTube is referring to its new service as "Remix" internally, and it is said to include Spotify-style on-demand streaming along with YouTube-only elements like video clips. YouTube has already been contacting artists for help promoting the service.

According to Bloomberg, YouTube will need to overcome "several hurdles" to meet its March 2018 launch date. YouTube has been stuck in negotiations with Universal and Sony for more than a year.



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12 months ago
“Another major competitor”
It’d be more accurate to say “the same competitor, but with a rebranded service”.
Rating: 16 Votes
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12 months ago
I'm confused, how does Youtube's Music service fit in with Google Play Music?

The only thing that I can think of is Youtube Music offering a video music service or allowing monetisation for independent artists?
Rating: 11 Votes
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12 months ago
My prediction...Google shuts down Google Play Music and moves everyone over to this new service.
Rating: 8 Votes
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12 months ago
Uhhhh isn’t YouTube Red bundled with Google Play Music...?

So Google is going to have... 2 different streaming services? Cool? I guess?
Rating: 6 Votes
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12 months ago
Not interested in paying Google any money.
Rating: 5 Votes
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12 months ago
So is google’s business strategy to just keep throwing the same thing out with a slight rebrand till it sticks?
Rating: 4 Votes
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12 months ago
Google nooooooo! Just make one thing and stick with it.
Rating: 4 Votes
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12 months ago

I hear Spring 2020 is the tentative launch date for Whole Food Vibes™

The rebrand of Amazon Music Unlimited
Rating: 3 Votes
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12 months ago
Tidal here. No way I´m treating my Kefs with compressed lossy sound.
Rating: 3 Votes
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12 months ago

So is google’s business strategy to just keep throwing the same thing out with a slight rebrand till it sticks?

I hear Spring 2020 is the tentative launch date for Whole Food Vibes™
Rating: 3 Votes
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