Transition Music Corporation | Early News About YouTube’s Streaming Music Service
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Early News About YouTube’s Streaming Music Service

Early News About YouTube’s Streaming Music Service

What we know about YouTube’s rumored music streaming service

By Francis Bea – March 5, 2013 – Digital Trends

YouTube is the second largest search engine and it’s the top destination among teens to listen to music. The platform is free, save for the unavoidable ads, and you get to watch accompanying music videos to boot. It’s the perfect recipe for a streaming service – and that might be exactly what Google’s about to launch.

The Financial Times first reported on Google’s plans to take on Spotify, and The Wall Street Journal followed up with sources who’ve hinted at an upcoming YouTube music video and streaming subscription service. The video platform that’s evolved quite accidentally into a music destination site, in part thanks to its relationship with Vevo and its knack for helping with “discovering” new acts, has been courting music labels to come to an agreement with royalties as it applies to music streaming.

Read more: http://www.digitaltrends.com/social-media/youtube-music-streaming-service/#ixzz2MsUcyG5r

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