YouTube plans to launch a new music service in March

Dec

8

2017

YouTube video sharing platform plans to provide a new subscription-based music service in March, according to a new Bloomberg report citing people familiar with the issue. This is Google’s third attempt to catch up with Apple and Sputivay, its main competitors. With 60 million subscribers and 27 million subscribers respectively.

The new service may help satisfy the executives of the music and entertainment industry who are trying to get more profits from YouTube. The Warner Music Group has signed a contract with YouTube, one of the world’s leading brands, Talks are continuing with Sony Entertainment, Universal Music Group and Merlin.

The subscription-based music services such as Apple and SpotPay helped revive the music business market, which began to grow again after nearly two decades of stagnation. The major recording and music companies have criticized YouTube for not compensating them enough, Consider how many people listen to music through the platform.

Music is one of the most popular types of videos on YouTube, attracting more than 1 billion users per month. YouTube has not had the same success as Apple and SputePay in persuading people to subscribe to paid music, even though it has tried several times.

The new service, called Remix Remix, is the third music service launched by Google Inc., which launched a voice service called Google Play Music in early 2011 and launched in 2014, three years after Google Play Music launched YouTube Music Which gave subscribers music-free music videos.

In 2015, YouTube changed its name to YouTube Red, a service that allows users to watch any YouTube video without ads. The new Remix service includes Sputivay’s customized broadcast feature, and will include elements from YouTube clips Video, according to the report, the platform has continued with the artists to ask them to help promote the new service.

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