YouTube to launch music streaming service next week
LOS ANGELES: Google's YouTube will dispatch a music spilling administration one week from now, it said on Thursday, hoping to utilize its prominent web video brand to tap the developing business sector for paid music gushing.
YouTube Music, which will offer both advertisement upheld and $9.99-per-month renditions, will contend specifically with administrations from Spotify Technology SA, Pandora Media Inc, Apple Inc and Amazon.com Inc.
YouTube Music will dispatch on May 22, and incorporate highlights, for example, customized playlists in light of a client's YouTube history. The administration is required to in the long run supplant Google Play Music, the Alphabet Inc unit's current music spilling brand.
The news sent supplies of music gushing organizations Spotify and Pandora bring down by around two percent on Thursday morning.
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