New music streaming service YouTube Music to be launched next week
Thursday, 17 May 2018 YouTube owner Google announces new music streaming service which will launch on 22 May and is expected to rival Spotify, Apple Music and Tidal.
YouTube Music, which will replace the existing service Google Play Music, will adopt the premium account business model which some of its competitors use as well.
It will have a free account option which will contain ads, while a premium account is available as well which will cost $9.99 (£7.4) per month.
*Read more*: Google investigated for secret Australian data collection
The current YouTube subscription service YouTube Red, will be renamed YouTube Premium and will grant access to both the music service and ad-free video content and will cost $11.99, $2 increase from what it was before.
Product manager for YouTube Music Elias Roman told Music Ally: “More than 1bn music fans come to YouTube each month to be part of music culture and discover new music.”
Although YouTube has not revealed how many people subscribe to its services, the biggest competitor Spotify has more than 75m paying subscribers, followed by Apple Music with 40m.
In the past the company has not had as much success with its music streaming services. In 2014 it launched YouTube Music Key also for a monthly fee of $9.99 but it never gained much traction.
The service will be available in the US, Australia, New Zealand, Mexico and South Korea before it will eventually be made available to another 14 countries including the UK.
*Read more*: London's fastest-growing women-led tech startups head to Silicon Valley
New Delhi, Aug 19 (ANI): Podcasts have slowly become a rage for millennials.Here are some podcasts across categories (musical, informative, food, comedy and many more) that will make you dive straight..