YouTube’s new music streaming service reportedly launching next March

[mson]

It will combine YouTube Red with Google Play Music
By Nick Statt@nickstatt Dec 7, 2017, 7:41pm EST SHARE

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YouTube’s new music streaming service is set to launch next March, tentatively with the name Remix, according to a Bloomberg report. The news confirms an earlier report from The Verge published back in July, in which YouTube’s music head Lyor Cohen revealed that the company had plans to combine its YouTube Red video subscription service with its existing Google Play Music offering. The new product will offer both music and video in an effort to simplify YouTube’s somewhat confusing series of streaming products that have been rebranded and relaunched over the years.

According to Bloomberg, the product’s launch is contingent on YouTube cutting deals with two of the three big music publishers, Sony Music Entertainment and Universal Music Group. Warner Music Group, the third big publisher, has reportedly already singed on under new, more generous terms. The record industry has for years criticized YouTube for lackluster payouts to labels and artists, despite music videos being among the most popular videos on the platform’s entire network, and for YouTube’s lax approach to copyright infringing music streams uploaded as video. Those remain hurdles in YouTube’s quest to launch a more cohesive and competitive service, as does an upcoming renegotiation with record label-owned Vevo, which controls a majority share of the world’s music video rights.

Google has tried to create music-centric products to win over fans and appease the record industry, but it’s failed to capture the same number of users as Apple or Spotify. Instead, YouTube has released a number of products, including Google Play Music, YouTube Music Key, and then, after Music Key’s slow growth, the video-focused YouTube Red. Meanwhile, Spotify has soared to 140 million monthly users, with 50 million of them paid, while Apple Music has over 30 million subscribers. Google has never released user numbers for its music streaming service, and YouTube Red, which had just 1.5 million subscribers a year ago largely due to its limited global rollout, has irked music industry executives for its heavy focus on original video content, Bloomberg reports. With all that hanging over YouTube’s new service, it’s unclear the company is capable of hitting its March launch target.


YouTube’s new music streaming service reportedly launching next March

 

[radio rahiem]

Cool stuff. Looking forward to it.

 

[mson]

Google Seen Readying Rivals To Apple Music, Amazon Echo Show
December 08, 2017, 11:02:22 AM EDT By REINHARDT KRAUSE, Investor's Business Daily


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 Amazon.com ( AMZN ).

[ibd-display-video id=3011436 width=50 float=left autostart=true] Google's YouTube plans to introduce a paid music service in March, said a Bloomberg report. The new service, code-named Remix, would include on-demand streaming and as well as YouTube video clips. The move comes as Pandora loses ground to Apple Music and Spotify, analysts say.

Google has dabbled in music streaming before with ad-free music videos and the launch of subscription service YouTube Red in 2016.

Google earlier this week again cut off access to YouTube on Amazon devices such as the Echo Show and the Fire TV stick. Amazon's new voice-activated smart speaker features a touch screen and camera. Google trails Amazon in the home smart appliance race.

"We believe Google is likely positioning itself to launch a product similar to the Echo Show, bringing together voice and display, and that this type of product will ultimately only be successful if YouTube access is provided," Youssef Squali, a SunTrust Robinson Humphrey analyst, said in a note to clients.

Alphabet shares ended the trading day up 0.5% to close at 1,049.38.

IBD'S TAKE: Read IBD's The Big Picture column each day to stay on top of the market direction, a key indicator that lets you know when you can be aggressive and when you should move to the sidelines.

Amazon and Google have increasingly been in competition with one another as Amazon has a burgeoning digital advertising business, Squali added.

"Perhaps the biggest winner in all of this is Roku ( ROKU ) as they are agnostic to the streaming services available on its hardware product," he wrote. "Remember Netflix (NFLX) actually spun out Roku into its own company after deciding that a hardware product would be viewed as competitive, and now we are seeing this dynamic play out as Google and Amazon fight over hardware market share while using their streaming services as bargaining chips."

 

[AB Ziggy]

Google already has fukking 2 different music services(Google Music and YouTube Music) of which BOTH are mediocre. Now they wanna create ANOTHER music service

Why can't they realize that Spotify and Apple are simply better than them in this market.

 

[AB Ziggy]

To the a$$hole to decided to neg me, I have a Galaxy S8+

 

[GoldenGlove]

Google already has fukking 2 different music services(Google Music and YouTube Music) of which BOTH are mediocre. Now they wanna create ANOTHER music service

Why can't they realize that Spotify and Apple are simply better than them in this market.

What's mediocre about Play Music? And did you read? They combining Play and YouTube Music and rebranding their shyt.

Google Play is the best value out of all these services because it includes a YouTube Red subscription as well with no extra charge.

They haven't really advertised their streaming services heavy, but this is probably why... They'll probably go hard I once the rebranding is through

 

[mr.africa]

didn't read the article (will read it later), but most importantly,
can i still watch shyt for free??

 

[Apollo Creed]

What's mediocre about Play Music? And did you read? They combining Play and YouTube Music and rebranding their shyt.

Google Play is the best value out of all these services because it includes a YouTube Red subscription as well with no extra charge.

They haven't really advertised their streaming services heavy, but this is probably why... They'll probably go hard I once the rebranding is through

Once they do this they need to integrate these features that utilize it more into Android. This is why many people keep Apple Music because how smooth it integrates into other parts of the OS and the hardware.

Google is wild fragmented and siloed it seems as a company, and tossing in the other Hardward OEMs who want to promote their own stuff doesn't help.

 

[GoldenGlove]

Once they do this they need to integrate these features that utilize it more into Android. This is why many people keep Apple Music because how smooth it integrates into other parts of the OS and the hardware.

Google is wild fragmented and siloed it seems as a company, and tossing in the other Hardward OEMs who want to promote their own stuff doesn't help.

Yea, I agree.

They always have like 5 different teams working and supporting various apps that do the same thing. Their messaging is another example of how fragmented they operate. They always have to rebrand shyt too.

They also suck at advertising their services' capabilities

 

[head shots101]

Google already has fukking 2 different music services(Google Music and YouTube Music) of which BOTH are mediocre. Now they wanna create ANOTHER music service

Why can't they realize that Spotify and Apple are simply better than them in this market.

What's wrong with play music?

 

[Apollo Creed]

Yea, I agree.

They always have like 5 different teams working and supporting various apps that do the same thing. Their messaging is another example of how fragmented they operate. They always have to rebrand shyt too.

They also suck at advertising their services' capabilities

its like they dont have meetings to make sure everyone is aligned strategy wise. And then they are Engineer driven while companies like Apple is Product Driven, and while Engineers are always ahead of the curb from a technology perspective it is clear they dont know how to build actual products.

 

[GoldenGlove]

its like they dont have meetings to make sure everyone is aligned strategy wise. And then they are Engineer driven while companies like Apple is Product Driven, and while Engineers are always ahead of the curb from a technology perspective it is clear they dont know how to build actual products.

Well... You have to factor in the size of the company. When you have over 50k employees, there will be some overlap in different initiatives that the company has going on. Especially with a talented resource pool like Google... Instead of seeing what they already have or what's being worked on... They probably just go and develop stuff, then find out afterwards that there's other teams groups doing something similar

 

[Redwing80]

Play Music user in this bytch

Sounds like they're trying make some tidal shyt by merging YouTube with Google Play Music. Google are losing to Apple and Spotify cause they don't get exclusive content

 

[FreedMind]

OH ITS LIT

Been loyal to Google play music for a minute now

 

[Deltron]

didn't read the article (will read it later), but most importantly,
can i still watch shyt for free??

yeah, of course.

Red is a separate service from regular YT..and all red really does is allow you to play YT vids w/o the screen on and no ads...and them garbage ass Red Original shows no one is watching.