Media: YouTube will launch a new streaming music service in March 2018
According to Bloomberg, in March next year within the framework of YouTube will be launched a new streaming music service called Remix.
This confirms the previously circulating rumors that Google intends to combine the subscription services of YouTube Red and Google Play Music. The new product will simultaneously offer both video and music, which will simplify the slightly confusing structure of the company's streaming services, which have appeared and been pre-empted in recent years, for example, Google Play Music, YouTube Music Key, YouTube Red.
It is reported that the launch of the service depends on the conclusion of agreements with two major music publishers: Sony Music Entertainment and Universal Music Group. With the third largest label Warner Music Group has already been able to conclude a deal on new, more favorable terms. The music industry for years has criticized YouTube for small payments to rights holders, although music videos are among the most popular commercials on the platform. Also, insufficient efforts of video hosting in the field of combating copyright infringement were criticized. These claims were a hitch in the way of combining services and launching a more competitive solution.
YouTube is dead to me.
use twich?