“YouTube is rolling within weeks paid music streaming service from ‘




The video platform YouTube was going to roll out a paid music streaming service within weeks. The rumor follows the agreement that the company Google has achieved with thousands of independent labels.

Youtube (smaller logo) The new service provides the ability to view music videos without being interrupted by ads, so writes the Financial Times. Users would also be able to save content for offline use. A paid subscription is required to be able to make use of the new service.

The Financial Times suggests that YouTube wants to change his relationship with the music industry. At the time the video platform would serve for promotional purposes, instead of musicians actually earn YouTube. The streaming service would be more than a billion have unique visitors per month, but Midia Research claims that only seven percent of that number is actually willing to take a paid subscription. A billion unique users that still considerably more than, for example Spotify with has 12.5 million subscribers.

The possible introduction of the music service follows a deal that Google has with so-called indie labels. Several months ago, the company even threatened to music labels that block . Allegation that followed the breakdown of negotiations related to money matters regarding the new subscription service.


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