{"id":98239,"date":"2021-01-18T15:23:30","date_gmt":"2021-01-18T15:23:30","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=companies&#038;p=98239"},"modified":"2021-01-18T17:43:18","modified_gmt":"2021-01-18T17:43:18","slug":"youtube-music","status":"publish","type":"companies","link":"https:\/\/www.musicbusinessworldwide.com\/companies\/youtube\/youtube-music\/","title":{"rendered":"YouTube Music"},"content":{"rendered":"<p>YouTube Music is a music streaming service operated by Google-owned video platform YouTube.<\/p>\n<p>YouTube Music offers two different versions, including an ad-supported free tier, known as YouTube Music and a premium tier, called YouTube Music Premium<\/p>\n<p>The platform&#8217;s Premium tier includes additional features such as background play, ad-free music and audio-only mode.<\/p>\n<p>The standard YouTube Music Premium subscription costs $9.99 (\u00a39.99) per month, or $14.99 (\u00a314.99) per month for a Family Plan. A student plan is also available for $4.99 (\u00a34.99).<\/p>\n<p>The YouTube Music app <a href=\"https:\/\/www.musicbusinessworldwide.com\/youtube-music-goes-fully-live-in-17-markets-including-the-us-uk-and-canada\/\">was made publicly available<\/a> in June 2018 on iOS and Android across 17 markets including the US, UK, Canada, Australia and Germany following a limited launch earlier that year.<\/p>\n<p>In October 2020 Alphabet CEO, Sundar Pichai, said that \u201cYouTube now <a href=\"https:\/\/www.musicbusinessworldwide.com\/youtube-just-generated-5bn-from-ads-in-a-quarter-and-youtube-music-has-over-30m-subscribers\/\" target=\"_blank\" rel=\"noopener\">has over 30 million Music and Premium paid subscribers<\/a>, and over 35 million including those on free trials&#8221;.<\/p>\n<hr \/>\n<h6><strong>Evolution from youTube Music KEy and youTube Red\u00a0<\/strong><\/h6>\n<p>YouTube originally launched a music streaming service called YouTube Music Key in beta in November 2014 with <a href=\"https:\/\/www.musicbusinessworldwide.com\/youtube-music-key-launch-delayed-until-september\/\">a public launch<\/a> slated for September 2015.<\/p>\n<p>In October 2015 YouTube <a href=\"https:\/\/blog.youtube\/news-and-events\/red\">officially launched<\/a> a $9.99-per month subscription music service called YouTube Red, replacing YouTube Music Key.<\/p>\n<p>YouTube Red enabled subscribers to watch videos offline without advertising and to play music tracks on the platform in the background of their device.<\/p>\n<p>A Google Play Music membership was also bundled into each YouTube Red subscription, while those signed up also get unlimited access to the YouTube Music app.<\/p>\n<p>In December 2017 <em>Bloomberg<\/em> reported that YouTube was set to<a href=\"https:\/\/www.musicbusinessworldwide.com\/youtube-launch-new-spotify-rival-codenamed-remix\/\"> launch a new music streaming service<\/a> in 2018 codenamed \u2018Remix\u2019, which would bring together video clips with an on-demand Spotify-like paid audio service.<\/p>\n<p>A new YouTube music subscription service <a href=\"https:\/\/www.musicbusinessworldwide.com\/new-youtube-subscription-music-service-will-launch-next-week\/\" target=\"_blank\" rel=\"noopener\">was subsequently rolled out<\/a> as an app and desktop player in five markets on May 22 with\u00a0an ad-supported free tier and a $9.99-per-month package called YouTube Music Premium.<\/p>\n<p>Google Play Music subscribers also had a YouTube Music Premium membership thrown into their deal, and were <a href=\"https:\/\/youtube.googleblog.com\/2018\/05\/youtube-music-new-music-streaming.html\" target=\"_blank\" rel=\"noopener\">reassured at the time<\/a> that \u201cnothing will change\u201d with that service.<\/p>\n<p>YouTube also announced in May 2018 that it would re-brand its premium subscription YouTube Red service as YouTube Premium, which would include access to all YouTube Originals as well as YouTube Music for $11.99 a month.<\/p>\n<hr \/>\n<h6>Leadership<\/h6>\n<p>In September 2016 YouTube announced that former Def Jam and Warner executive Lyor Cohen would be the platform as <a href=\"https:\/\/www.musicbusinessworldwide.com\/lyor-cohen-joining-youtube-global-head-music\/\" target=\"_blank\" rel=\"noopener\">Global Head of Music<\/a>.<\/p>\n<p>In June 2017 YouTube <a href=\"https:\/\/www.musicbusinessworldwide.com\/youtube-new-label-relations-boss-soundclouds-stephen-bryan\/\" target=\"_blank\" rel=\"noopener\">confirmed that it hired<\/a> SoundCloud\u2019s Chief Content Officer, Stephen Bryan as Head of Label Relations at the online video giant.<\/p>\n<p>In June 2019 MBW <a href=\"https:\/\/www.musicbusinessworldwide.com\/youtube-music-poaches-warners-dan-chalmers-to-run-emea\/\" target=\"_blank\" rel=\"noopener\">broke the news<\/a> that widely respected Warner veteran Dan Chalmers had been poached YouTube to run YouTube Music in EMEA. This <a href=\"https:\/\/www.musicbusinessworldwide.com\/official-dan-chalmers-named-director-of-youtube-music-in-europe-middle-east-and-africa\/\" target=\"_blank\" rel=\"noopener\">news was confirmed<\/a> in January 2020 when it was announced that Chalmers had been named Director of YouTube Music in Europe, Middle East and Africa (EMEA).<\/p>\n<hr \/>\n<h6><strong>Closure of Google Play Music and replacement by YouTube Music<\/strong><\/h6>\n<p>In August 2020, Google revealed that YouTube Music would<a href=\"https:\/\/blog.youtube\/news-and-events\/youtube-music-will-replace-google-play-music-end-2020\/\" target=\"_blank\" rel=\"noopener\"> replace Google Play Music <\/a>by December 2020 and that in the coming months, Google Play Music users would no longer be able to stream from the Google Play Music app.<\/p>\n<p>Users were able to transfer their music libraries from Google Play Music to YouTube Music through December 2020 (after which their Google Play Music libraries would become unavailable).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>YouTube Music is a music streaming service operated by Google-owned video giant YouTube<\/p>\n","protected":false},"featured_media":58635,"parent":98123,"menu_order":0,"template":"","class_list":["post-98239","companies","type-companies","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/companies"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98239\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/58635"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=98239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}