YouTube Announces Plan to Launch Paid Music Service Amid Criticism

June 17, 2014

5:11 pm

Google Inc’s YouTube announced today that it plans to launch a paid streaming music service, confirming long-running rumors that the  popular online video website will offer a paid music service.

“We’re adding subscription-based features for music on YouTube with this in mind – to bring our music partners new revenue streams in addition to the hundreds of millions of dollars YouTube already generates for them each year,” YouTube said in a statement.

The announcement comes amid criticism that YouTube’s plans would block the content of certain labels from appearing on the site’s free version unless they sign deals to participate in the new, subscription streaming music service.

YouTube’s new subscription service is expected to launch at the end of the summer and will allow users to listen to music without any ads.

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Camila is a writer and community manager for Tech Cocktail in Miami. She has been heavily active in South Florida’s tech startup community, where she is a co-host of a local radio show called pFunkcast. Camila previously worked at Greenpeace International and the Organization of the Prohibition of Chemical Weapons (OPCW) in various communication roles. A proud Brazilian who spent most of he life in Peru, she is passionate about traveling and documentaries.

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