YouTube has revealed its intentions to launch a paid music streaming service in early 2018. The Spotify rival is internally being called Remix.
Reports indicate a planned start date of March 2018. YouTube has already secured an agreement with Warner Music Group and is in talks with Sony, Universal, and independent-record labels collective Merlin.
Remix follows Red and Music Key in YouTube’s attempts to further compete with music-streaming platforms. The Remix platform will incorporate certain YouTube elements like video clips.
More details via Bloomberg.