https://wccftech.com/youtube-is-set-to-jump-on-the-music-streaming-bandwagon/

There are quite a handful of companies competing against each other in the music streaming industry. The giants of the industry like Spotify and Apple Music have secured a safe spot, gathering a huge number of subscribers and active users. However, the race never seems to stop as new contenders are pacing up to be part of the industry. Now, the Google-owned YouTube is apparently planning to launch its own music streaming service as well. According to the report issued by Bloomberg, YouTube is working its way up to introduce its music streaming service similar to Apple Music, Spotify, and others. So let’s dive in to see some more details on the matter.

As per Bloomberg’s report, YouTube is finalizing the necessary deals to launch its own music streaming service. The company has already penned down details with Warner Bros. Music Group. However, it is still in talks with Sony Music Entertainment, Merlin and the Universal Music Group regarding the details of the music streaming service.