Google is set to launch YouTube’s premium music service named ‘YouTube Music Key’ that will provide ad-free music streaming and offline services.
The new service priced at $9.99 per month follows a similar pricing model of popular streaming services Spotify, Slacker and Rdio. Google already has Google Play Music which might be merged with YouTube new music service. Earlier in June, YouTube had announced that it was working on launching it’s own premium music service.
Google moves to include the service in YouTube was due to the lack of dedicated streaming as all music required video playback. Android and iOS devices will be able to play music from YouTube videos using the ‘YouTube Music Key’. The site will be able to offer unique playlists compiled from official albums, remixes and live concerts and others that will make it stand out against other music streaming services.
There has been rumors that YouTube service will provide access to concerts, remixes, live performances and other tunes while Google was working on adding and organizing more than 20 million tracks. Google and YouTube declined to comment on the reports. The company has acquired YouTubeMusickey.com for the upcoming service.
The monthly price for the combined services offered by both the companies is reasonable compared to other music streaming services. The launch date of the new service is not yet known. Google Play Music All Access subscription service will be renamed as Google Play Music Key and the subscribers of the existing service will be added to the new service automatically.
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