|Last 7 Days News :
Tuesday, June 17, 2014
YouTube to Launch Music Service
YouTube said on Tuesday that it plans to launch a paid streaming music service, after being dragged into a public dispute over royalties that will result in the blockade of some independent artists' music videos.
YouTube sas it has partnered with "hundreds of major and independent" music labels for the new service.
The news comes as some music trade groups have criticized
YouTube's plans to potentially block the content of certain
labels from appearing on YouTube's website
unless they sign deals to participate in the new, subscription
streaming music service.
YouTube said that the new service would provide new
revenue for the music industry.
"We?re adding subscription-based features for music on YouTube
with this in mind - to bring our music partners new revenue
streams in addition to the hundreds of millions of dollars
YouTube already generates for them each year," YouTube said in
The YouTube service is expected to launch at the end of the
summer and will allow users to listen to music without any
ads. USers are expected to be able to listen to music
offline also listen to an artist's entire album
instead of just individual songs.