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Posts Tagged ‘ayoutube’

The cats (partly) out of the bag. After a string of rumors, YouTube has confirmed to the Financial Times that its launching a paid music service this summer. Its not saying exactly how the service will work, but Reuters sources claim that it will work largely as rumors suggested back in November.

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LOS ANGELES (AP) — YouTube will launch a new subscription music service, the company acknowledged Tuesday after being dragged into a public dispute over royalties that will result in the blockade of some independent artists’ music videos.

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Artists like Jack White, Adele, Vampire Weekend, and more could disappear from YouTube unless the independent labels backing them agree to YouTubes new licensing deal — which includes stipulations about its upcoming premium streaming service. What exactly is going on?

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