On Friday, Amazon announced its latest attempt to dominate global markets. As rumors say, this platform is scheduled for release in March 2018.
According to the initial report YouTube is in talks with multiple record labels including Sony Entertainment Group, Universal, and Merlin which is a collective of multiple independent labels. The service focused more on videos than music, however.
In seems that these are not the only labels which are in talks with YouTube.
Google earlier this week again cut off access to YouTube on Amazon devices such as the Echo Show and the Fire TV stick.
Though the music industry had hoped Red would be devoted to music, YouTube has positioned it as a home for original video projects like science-fiction comedy "Lazer Team" and a reboot of "The Karate Kid".
YouTube has not had a successful run like Spotify, which has almost 140 million monthly users or Apple, which has over 30 million subscribers, when it comes to paid music service.
After nearly two decades in decline, the music industry is growing again amid a wave of consumers subscribing to streaming services.
Google is eyeing to gain more subscriptions through this all new music service as all the previous music services by the company doesn't sim to be working well as there are very less number of subscribers those channels have got till date. Nothing was enough to catch the attention of the customers, unfortunately. And, we personally don't prefer Google's Play Music either for myriad reasons. Once you select the plan, you will be able to explore a wide range of music videos with different categories as the giant will offer the simplest User Interface of this service.
The release of Remix wasn't such a big surprise, as many rumors were already circulating about it.