Late yesterday Fortune reported that YouTube will launch a subscription music service later this year. This service, apparently, will be in addition to the rumored Google subscription service (Google owns YouTube).
"The two new services are defined by their respective places in the Google empire: Google Play for Android is a digital locker for music -- users buy, store, and sort a collection of tracks; but on YouTube's coming service, anyone can listen to tracks for free," Fortune wrote. "Both services are said to be adding a subscription fee that will unlock additional features. For the YouTube-based service, this will likely mean ad-free access."
Read Fortune here.