Monday, April 30, 2018

Music Business Insiders say Google's big streaming music plans won't beat Spotify or Apple

Written by Greg Sandoval — YouTube Vice President of Product Management Matthew Glotzbach unveils their new paid subscription service YouTube Red. Here are some basic points to know:

  • Reports indicate YouTube will make another attempt at creating a paid music service to compete with Spotify and Apple Music.
  • Previous YouTube subscription services were uninspired and never made much impact.
  • Analysts say that's because there's no motivation for Google to "put its shoulder" into a paid service when there's so much money in ads.
  • Some music industry big shots say YouTube is doing more to improve the relationship with the music industry.

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