June 23, 2018

YouTube to launch a new Spotify rival, codenamed 'Remix', in 2018

10 December 2017, 03:45 | Yvette Williams

YouTube is reportedly launching a music streaming service called Remix By Scott Wilson Dec 8 2017

YouTube is reportedly launching a music streaming service called Remix                  By Scott Wilson Dec 8 2017

Whichever brand "Remix" officially adopts in 2018, it looks like to replace Google Play Music, which first launched in 2011.

Spotify, on the other hand, has 'well over' 60 million paid subscribers, with 140 million monthly active users worldwide.

Warner has already reportedly signed on a deal with Warner Music Group.

In order to break into the subscription service game at this stage, YouTube requires the cooperation of the three major labels - Warner, Universal, and Sony.

The big labels are very interested in fixing some dismal royalty payouts.

. The RIAA, however, found that it actually pays closer to $1.50.

Spotify CEO Daniel Ek said the "transaction will allow both companies to benefit from the global growth of music streaming". Unsigned artists earn $1,472 (the monthly minimum wage in the US) after 2.4 million plays.

Hina Khan asks Priyank Sharma to maintain a distance from her
He clarified after what Divya told him and how his friendship looked with Benafsha Soonawalla to the outside world. Arshi Khan makes nasty comments against Shilpa Shinde, bitches with Hina Khan about Shilpa's failed relationships.

As of nearly a year ago in November 2016, Youtube Red was only reporting approximately 1.5 million subscribers, a minuscule customer base when compared to other streaming platforms like Spotify, who services, as of this summer, just over 60 million subscribers. To help oversee its music operations, the company hired Cohen past year.

Bloomberg's sources said that YouTube has been attempting to negotiate new deals with Universal and Sony for more than a year.

YouTube didn't immediately respond to a request for comment.

The search giant already owns the world's most successful video-sharing website, but its efforts to expand YouTube's reach have largely failed.

Bloomberg notes that YouTube plans to introduce the music service in March. And given the chaos that is Google, they probably don't know either.

Other News

Trending Now

Willie Taggart slated as FSU's new head coach
Can Oregon salvage the Class of 2018? The Ducks are 7-5 this season and play in the Las Vegas Bowl later this month. It hasn't even been a year since Taggart held his introductory press conference at OR , replacing Mark Helfrich.

Arkansas hires SMU's Morris as head coach
He led Lake Travis High School to back-to-back undefeated seasons and state championship in Texas' highest level of competition. A former Oklahoma high school coach believes Chad Morris will win over the Arkansas high school coaches.

Argentina must improve to succeed in Russia - Messi
The mercurial playmaker was aware of Argentina's complications and conceeded that there are better teams in the competition. People want results and, if they don't get results, they want new faces ". "I understand Masche.

Soul Calibur VI Trailer And Release Date 2018
The game is set for a release in 2018, and will be headed to PlayStation, PC (through Steam), and Xbox One . The latest chapter will revisit events from the original Soul Calibur to uncover hidden secrets.

Skirball Fire Pictures And Videos: Wildfire Rages Near 405 Freeway, Bel Air
Meanwhile Rupert Murdoch's estate- which is one of the most expensive in the Los Angeles city limits- has also been evacuated. Along with the lack of much-needed rain, the Santa Ana winds have made it very hard to contain and put out the fires.

Facebook Launches Messenger for Kids
Marcus tells me he's excited about getting his 8-year-old into the family chat alongside his 14- and 17-year-old children. This will not create a Facebook account for your child or give them access to your Facebook account.

Jadhav to meet mother, wife on Dec 25 after Pakistan grants visa
Jadhav filed an appeal with Pakistan Army chief General Qamar Javed Bajwa for clemency, which is still pending. We have also sought a sovereign guarantee from the Pakistan Government to ensure safety and security of both.

Congressional investigators discover more emails related to infamous Trump Jr. meeting
Richard Painter, a University of Minnesota law professor who previously served as chief ethics counsel to President George W. That Kremlin-connected attorney - we now know - promised team Trump unflattering information about Hillary Clinton .

How to Watch West Ham vs. Chelsea
Chelsea could cope if Luiz is sold in the New Year. "Then when there is the right moment, I try to answer this question", the Chelsea boss added.

'Black Mirror' reveals release date, new footage in official Season 4 trailer
Taker a look at it above! One that completely adores the concept and ideas from series creator Charlie Brooker . As Kiran Sonia Sawar notes, however, "memories can be subjective", and they're hardly a ideal record of events.