Netflix Beware? YouTube's Paid Service Might Not Stop at Music
Posted in: UncategorizedYouTube’s forthcoming subscription music service is more than a potential rival to Spotify and Apple’s Beats. It could eventually compete with Netflix.
Google’s video service confirmed for the first time this week that it plans to introduce an ad-free subscription-based music service this summer. The product will let consumers consume music videos or audio without ads and without a live internet connection. But it could use the same tactics it’s employing to get music labels on board to also bring in video far beyond music.
The expectation has been that YouTube would roll out the music service as some type of standalone music product. That won’t be the case. It will instead be a new paid tier on the existing YouTube service, the company told Ad Age on Tuesday.