YouTube to Launch Music Subscription Service in March 2018
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apple's streaming music service face major competitor, youtube prepares launch paid music service in march of 2018, reports bloomberg.
youtube has inked deal warner music group , in talks sony music entertainment, universal music group, , merlin, group of independent labels. service allow youtube better compete spotify , apple music, , provide more revenue music labels have been pushing more money video site.
youtube referring new service "remix" internally, , said include spotify-style on-demand streaming along youtube-only elements video clips. youtube has been contacting artists promoting service.
according bloomberg, youtube need overcome "several hurdles" meet march 2018 launch date. youtube has been stuck in negotiations universal , sony more year.
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