Youtube is preparing its own music subscription service, much like Spotify or iTunes Radio , as published two media outlets in the United States (USA.), Bloomberg chain and the magazineBillboard .
According to these sources, the service will be launched before the end of the year and, like Spotify, you have two versions, one free, with advertising, and other payment, but without ads.
In summer, the California company and took his first steps in the music industry to buy Vevo , music video platform created by the record.
Today, many users already use YouTube to listen to music, so the new service would allow the company to get more benefits from this practice.
The failure of Twitter # Music
Although the streaming music services succeed on the Internet, experts still question their business model. Spotify, for example, has not yet achieved despite being economic benefits of this type platform with more users.
In April, Twitter also launched a similar service called # Music , although according unveilsAllThingsD , microblogging social network is considering closing because of their lack of success.
Youtube will launch its own Spotify before year-end
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