As reported by Bloomberg, citing its own sources, in March 2018 YouTube plans to launch a new paid music streaming service called Remix.
The parent company of YouTube, Google Inc., according to the publication, has already signed a contract with the record label Warner Music Group. Negotiations about signing of contracts are also being held with Sony Music Entertainment, Universal Music Group and a consortium of independent labels, Merlin.
The new service will compete with already existing similar apps Spotify and Apple.
Subscribers Remix I can listen to music legally on their computers and using applications in the phone.
Any comments regarding the new product launch in the company yet do not give.
