• YouTube Is Planning to Launch a Paid Music Streaming Service, Report Says

    3 days ago - By Fortune

    Youtube is reportedly planning to launch a paid music streaming service that would compete directly with Spotify spotify and Apple Music, and go a long way toward appeasing record executives who complain the site takes too big a bite of their revenues.
    According to Bloomberg, which cites unnamed sources familiar with the matter, YouTube's paid service is slated to roll out next March and Warner Music Group is already onboard. Two other industry giants - Sony Music Entertainment and Universal Music Group - as well as Merlin miinf
    , a consortium of independent labels, are reportedly in talks...
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