Apple Music competitor? YouTube to launch music streaming service 'Remix' in March

Apple Music competitor? YouTube to launch music streaming service 'Remix' in March

Apple Music competitor? YouTube to launch music streaming service 'Remix' in March

With this new service, YouTube not only aims to rival Apple Music and Spotify, but also wants to appease the music industry and try to compensate them well - something for which the company has been criticized a lot before.

YouTube will launch a new music streaming service in early 2018. However, the actual launch still depends on some factors.

The online shopping giant has unveiled that is AI-powered speakers and unlimited music service will come to 28 new markets across Europe and South America. Warner Music Group, one of the world's three major record labels, has already signed on, said the people, who asked not to be identified discussing private talks.

In seems that these are not the only labels which are in talks with YouTube. Previously, Google introduced audio-only streaming service Google Play Music in 2011 and YouTube Music Key in 2014, which was later morphed into YouTube Red in 2016. YouTube has been stuck in negotiations with Universal and Sony for more than a year.

Paid services from Spotify and Apple Music have spurred a recovery in the music business, which is growing again after nearly two decades of decline. Meanwhile, Warner Music Group is already signed on to the project.

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After nearly two decades in decline, the music industry is growing again amid a wave of consumers subscribing to streaming services.

"Music is such an incredible global connector, and with Amazon Music Unlimited we've been able to give listeners access to an extensive catalog with the added experience of using their own voice to hear music in so many ways with Alexa", Amazon Music VP Steve Boom said.

Google is eyeing to gain more subscriptions through this all new music service as all the previous music services by the company doesn't sim to be working well as there are very less number of subscribers those channels have got till date.

Apart from Play Music, Google also has another paid service called YouTube Red, which apart from offering ad-free music, is also home to original series and movies from some of YouTube's biggest creators.

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