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Content Needs Music, YouTube Subscription Service Update On Way

  • Reuters, Tuesday, September 30, 2014 2:45 PM
Google is planning to revamp its streaming music service in the next few weeks -- which many had expected by end of summer 2014 -- per Reuters, citing "a person familiar with the plans." The service will compete with rivals like Amazon, Apple, Spotify, and other streaming media services. While the U.S. music market is worth $7 billion, royalty and marketing expenditures cost money for most streaming music businesses, according to Reuters, citing estimates from Brian Zisk, executive producer of the SF MusicTech Summit.

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