Youtube intends to launch music service

YouTube plans to launch a subscription music service by the end of the year, as published by Fortune .In return for fertilizer, they are reportedly planning to eliminate commercials
that precede the music currently.

In an official statement, YouTube said that they do not want to comment on the situation and referred these stories as rumours and mere speculations. However, news have started to flow after some sources close to the company
confirmed that the company is thinking about how to get benefit from the service.

Unlike Spotify, YouTube already has visits and advertising, meaning that any subscription income would be a mere logical. Google also continues making deals with record labels to increase
their catalog.

The latest is Warner Music, although they signed Armonia access to their musical background of 5.5 million songs from 31 countries, mainly in Europe. Armonia Online is owned by the General
Society of Authors and Spanish editors.

The service could also add cloud storage and external song Google+ social network to help the respective users share their valuable experience.

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Posted by Farasat Ali on Mar 19 2013. Filed under Sci-Tech. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry