YouTube to launch late summer paid music service
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Video Sharing YouTube today said it plans to launch a paid service broadcasting. The statement was made shortly after the site announced his intention to block music videos independent record labels who disagree with the new working conditions. YouTube The statement said that the portal has reached agreements with "hundreds of major and independent" music companies on the new service. Rumors that YouTube launches paid music service circulating in the industry for quite some time.
Yesterday a number of musical associations have criticized plans to block YouTube content of a number of labels ready to post videos for free. Google initially planned to include as much of the content in your paid service. Many indie labels stated that the agreement, which Google offered, written with the interests of one side only, and is implemented in discriminatory conditions.
YouTube has not officially commented on the conditions of the new agreement. Among the company's data shows that YouTube has already signed agreements with 95% of the music labels for a new paid service. Previously, the company has reached a licensing agreement with simple labels. Insiders in Google says that Google intends to launch a paid music broadcast service in late summer. It will allow you to listen and watch clips of performers without advertising, in high quality and without time limits. In addition, it will allow to load content in offline as well as download record albums, songs, and not elected.
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