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YouTube plans to launch music streaming service similar to Spotify

YouTube looks to take on Spotify, iTunes Radio, and others with its planned music streaming service (NASDAQ:GOOG)

| Audio, Sound & Speakers News | Posted: Oct 24, 2013 4:30 pm

Music streaming services are all the rage these days and it appears that owning just one of these services is just not enough for Google. Today Billboard.com is reporting that YouTube is planning to launch its own streaming service similar to Spotify in that it will have a subscription level of membership as well as a free version.

 

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What sets YouTube apart from similar services such as iTunes Radio, Spotify, and even Google Play Music, is that it will offer music videos, something no one else has even hinted on in the past. While it is still not clear as to how the service will operate, I expect some form of partnership with Vevo, the largest music video producer on YouTube. Vevo is in a nice situation to partner up with Google and YouTube on this and already has tens of thousands of videos in their catalog. What do you think? Would you buy into a music video streaming service? Personally I think I will be sticking to Spotify.

NEWS SOURCES:Bgr.com

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