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YouTube Will Launch New Music Streaming Service in 2018

10 December 2017

Remix is owned by Alphabet Inc, a company that is constantly trying to overcome the supremacy of Spotify and Apple Music. The service is expected to feature on-demand music just like the popular service, Spotify.

Google is hoping that third time's the charm if reports are to be believed that YouTube will be launching a new paid music subscription service by 2018.

"Music is very important to Google and we're evaluating how to bring together our music offerings to deliver the best possible product for our users, music partners and artists".

Alphabet ( GOOGL )'s Google unit is reportedly picking a fight with Apple ( AAPL ), Pandora ( P ) and Spotify with a new music streaming service days after squaring off with ( AMZN ). Standard YouTube attracts over a billion views every month, and the majority of the content digested is music.

The project, dubbed "Remix" internally, will combine the aspects of streaming and videos that are offered by Google Play Music and YouTube, for a more unique user experience.

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According to the initial report YouTube is in talks with multiple record labels including Sony Entertainment Group, Universal, and Merlin which is a collective of multiple independent labels. Yes, the app will fetch the data from YouTube and this is how you will be able to stream out your favourite music videos from this new platform by YouTube.

However, the service will require a few things before you can make use of it.

The new service could help appease record-industry executives who have pushed for more revenue from YouTube. YouTube has already been contacting artists for help promoting the service.

At launch, Amazon Music Unlimited will be available at three plan options with prices varying per country.

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YouTube Will Launch New Music Streaming Service in 2018