Thursday, December 7, 2017
YouTube reportedly plans to take on Spotify with a streaming music service next year
YouTube is gearing up to launch a paid streaming music service by March 2018, reports Bloomberg. That could help the company take on the likes of Spotify and Apple Music – but given that YouTube already has a Music app, as well as a paid subscription service (called YouTube Red), and Google already has a streaming service and music store, it’s an odd strategy to start on at this point. Of course, the reason is most likely money. Earlier this year, Goldman Sachs predicted in its Music in the Air report that the streaming music market would grow to $28…
This story continues at The Next Web
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