https://www.cnbc.com/2018/05/17/youtubes-music-ambitions-might-actually-work-this-time.html

YouTube's move to create its own streaming music service — despite a competitive product from its own company through Google Play Music — might not be as big of a headscratcher as one might at first think.

The company announced on Thursday it will launch YouTube Premium, which will not have ads, on May 22 for $9.99. It will also offer a free ad-supported music service called YouTube Music and YouTube Music Premium for $11.99 per month.