YouTube To Offer Music Subscription By Late 2013
- Stream and download music
- High fidelity tracks
- Reduce banner ads
Reports confirm that YouTube has plans to launch a music subscription service later this year to allow users to listen to tracks online and to possibly reduce ad airtime.
- Stream and download music
- High fidelity tracks
- Reduce banner ads
Reports confirm that YouTube has plans to launch a music subscription service later this year to allow users to listen to tracks online and to possibly reduce ad airtime.
YouTube has released a statement saying that they are currently looking to the possibility of a subscription streaming service as there are content creators who think that they might be able to benefit from this kind of service.
The plan might be to have YouTube offer either a free subscription that would include ads while listening or a paid subscription that is free of ads and has additional features. There’s also a big chance that Google Play’s music service will get the same features to the point that its services may overlap with that of YouTube.
YouTube currently has partnerships with a number of music publishers and its decision to put up a music subscription service puts it in the territory of established music labels such as Warner Music, and other music streaming services such as Pandora and Spotify.
In case the plans for this subscription service pushes through, it would force YouTube to provide higher fidelity tracks which is highly beneficial to its 800 million active monthly users. However, many are still on the fence on whether or not this service can actually generate enough revenue for it to be a viable option.
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