YouTube is rumored to be preparing a new music streaming network that would rival industry leader Spotify.
According to Fortune the video sharing website wants to provide free songs mixed with advertisements or the option to hear song without ads for a monthly fee. Spotify currently offers ad free listening for $4.99 via Desktop and $9.99 via mobile devices.
To add value to the service Google is expected to add a digital locker at Google Play for Android. By adding the extra option the company can round out its music services for different types of users, thus creating an online experience that provides more benefits to customers. read more
YouTube continues to grow by leaps and bounds and this month the video streaming network reported 4 billion hours of watch video, a new record just two months after the site celebrated its 7th birthday.
4 billion hours is the equivalent of 456,000 years worth of video viewing in a single one month time period.
Two months ago YouTube executives revealed 3 billion hours of monthly viewing, an increase of 1 billion hours in under 60 days.
YouTube exec Robery Kyncl revealed the new streaming record while speaking on Thursday at the company’s new professional content channels initiative.
Here are some additional stats which may surprise YouTube users: read more