Dive summary:
- YouTube has admitted that it has been looking into creating a music streaming service that will likely launch later this year.
- The service would rival Spotify in that it will offer both free streaming and paid-subscription services.
- The service will be tightly knit with existing Google Play and the Android ecosystem.
From the article:
"YouTube seemed to confirm the rumors. A spokesperson said, 'While we don't comment on rumor or speculation, there are some content creators that think they would benefit from a subscription revenue stream in addition to ads, so we're looking at that.'"
