We keep it simple
FOLLOW ON FACEBOOK
Advertisement

MUSIC YouTube to launch new music streaming service in 2018

Published 19 DEC 2017 11:23AM

Words by Amy Martine Shaw




When Spotify was founded in 2006, nobody could have foreseen the monumental impact the streaming service would have over the coming years. Completely re-shaping consumer attitudes to the purchase of music, the site brought about a new era which provided a new form of revenue for artists.

After Apple launched its own streaming service in 2015, Apple Music, the two competitors continued to dominate the industry. Both Apple Music and Spotify are cited as aiding in the recovery of the music business, which has only recently started to grow again after a two-decade decline. Now, video streaming giant YouTube is reportedly gearing up to launch its own music streaming service, due to launch in March 2018.

YouTube’s new paid streaming service, dubbed ‘Remix’, will see the giant attempt to rival Spotify and Apple Music in the coming years. In the past, YouTube faced criticism from music industry leaders, as although music is one of the most popular genres of video on the site, they have come under fire for not compensating artists enough.


Owners of the site, Google, created their own music streaming service, Google Play Music which launched in 2011. The service is now sold as an ‘All Access’ joint subscription with YouTube Red, which allows users to watch videos without the presence of ads. Last year, YouTube hired Warner Music executive Lyor Cohen, to aid in their music operations, who came forward to make the announcement about the upcoming project.

With the new platform, ‘Remix’, YouTube is pushing forward to try and regain control of the music streaming industry. Major-label Warner Music Group has already signed on, which will no doubt open the doors for many other leading labels to do the same. Reportedly, YouTube are also in talks with Sony and Universal, which reveals that industry leaders have faith in the upcoming service, and point towards the platform becoming a huge success.

With Spotify having garnered a staggering 140 million users worldwide, and Apple Music with 30 million users, ‘Remix’ will certainly have to provide its users with something completely fresh and unique in order to compete, but with such high-profile backers, the future definitely looks bright, and only time will tell if the music industry is about to be taken over by another streaming heavyweight.

Advertisement











MORE

SPACE NASA and Caltech JPL may have discovered Exoplanet with atmosphere similar to Earth

SCREEN American Horror Story at its best! Why season seven is the scariest we’ve seen yet

SOCIETY China adopts a Black Mirror style credit score system. Appease government values or pay the price

MUSIC Converge must have sold their souls to create The Dusk In Us…

SCIENCE Can lab grown mosquitoes approved for release in the US to combat disease actually work?

SCIENCE MIT Professor Develops method to slow cognitive impairment caused by Alzheimer’s & restore memory

MUSIC The Used release conceptual yet interestingly dramatic video for their new single 'Rise Up Lights'

SPACE Scientists make new discovery as to why black holes release light through hot plasma gas

MUSIC Bringing back New Wave Goth Synth Pop with Manchester's Pale Waves and their latest release

MUSIC Frank Carter & The Rattlesnakes hit us with a new sinister funky groove 'Spray Paint Love'

NEWS UK launch petition calling for the government to legalize marijuana

SPACE Elon Musk to build base on Mars by 2024 and reduce any flight time on Earth to under an hour

MUSIC Architects release new single & video ‘Doomsday’ Watch here

SPACE The ‘ExoLife F’ is a revolutionary new telescope capable of actually imaging life on other worlds

FILM ‘Patient Seventeen’ a documentary following a surgeon who claims to remove Alien implants

FILM Lady Bird official trailer by A24 Films | Release 10th November | Comedy Drama

FILM Blade Runner 2049 Trailer This looks amazing! Watch the trailer here

TECH London to New York in 6 hours Paris to London in 28 minutes The future of transportation HYPERLOOP ONE