The announcement follows the company's recent updated charts and the recent addition of songwriter, label and publisher credits to music on YouTube. YouTube is where artists and fans connect: creating and discovering a world of music. Not only do you have to pay $2 extra for the YouTube Premium but you will also need to shell out another $10 for the YouTube Music and that climbs up to a $12 extra/month. YouTube Red effectively replaced YouTube Music Key back in 2015, so we've nearly gone full circle. It's particularly popular in emerging markets where you can see YouTube listeners on public transport or other moments that Spotify and co would want to own.
So what is YouTube Music exactly? In time, Google Play Music will be phased out, according to reports. The move is aimed to take on Spotify and Apple Music - two of the most sought-after music streaming services.
More information on YouTube Music can be found here. At the airport? We'll recommend something relaxing before the flight. Entering the gym? We'll suggest some beats to get the heart-rate going.
Thousands of playlists built to help you discover new music. The ad-supported version will be available for free, while YouTube Music Premium will be a paid membership without ads will be available at $9.99 a month.
Markets end lower as Karnataka gets a hung assembly
The Sensex, however, opened flat Sensex at 35,570 with all eyes on the outcome of the Karnataka assembly elections. The early trends suggested a hung Assembly when the BJP was ahead with 93 seats, Congress at 91 and JDS at 26.
In a statement dated Wednesday posted on its official blog, YouTube said its new service would include a "reimagined mobile app" and a new desktop player designed for music. Users will be able to download music for offline listening and it will also play in the background. Except that YouTube Red will now be known as YouTube Premium since it covers both music and video.
The app's home screen will offer customisable videos and music options, based on location, surroundings and listening/viewing history. YouTube Premium will be charged at $11.99 for all new members, the company said. If you're already a YouTube Red (soon to be YouTube Premium) member, don't worry you'll still enjoy your current price.
The service will be initially rolled out in the US, Australia, New Zealand, Mexico, and South Korea. They plan to expand quickly after that to countries like Canada, Germany, France, Russia, Spain, and Sweden.
The launch of YouTube Music and rebranding of YouTube Red will hopefully provide some much-needed clarity and cohesion to Google's streaming strategy.
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