YouTube reportedly launching its Music Service in March
Dec 10, 2017, 02:54
Earlier this week, the former removed its YouTube streaming service from some of the latter's devices, including Amazon Fire TV and the Echo Show, which caused a war of words between the two companies. Warner Music Group, on the other hand, seems to have already agreed to the deals.
According to the initial report YouTube is in talks with multiple record labels including Sony Entertainment Group, Universal, and Merlin which is a collective of multiple independent labels. The video streaming site has been involved in negotiations with Sony and Universal for over a year regarding the same, the report adds.
When it comes to music streaming services, the names that come to the mind first are Apple Music and Spotify.
The new product will have features found in Spotify like on-demand streaming, while also retaining YouTube's video streaming service.
Apart from getting major labels on board, YouTube is also reaching out to artists seeking help to promote this new service.
Though the music industry had hoped Red would be devoted to music, YouTube has positioned it as a home for original video projects like science-fiction comedy "Lazer Team" and a reboot of "The Karate Kid". We should know more about Remix in the coming months. And, we personally don't prefer Google's Play Music either for myriad reasons. Again in 2014, they announced YouTube Music Key which allows you to stream ad-free music.
The company must overcome several hurdles if it aims to meet a March target. Amazon is a pioneer in cloud services via Amazon Web Services, while Google too has made inroads in cloud computing by leveraging its knowledge in AI (artificial intelligence) and machine learning.
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