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Wednesday, June 18, 2014

YouTube set to launch subscription music service



YouTube is set to launch a launch a new subscription music service - but is locked in a major row with independent artists over the plans

The company acknowledged the plans after being dragged into a public dispute over royalties that will result in the blockade of some independent artists' music videos

The Google owned video site said in a statement that it is 'adding subscription-based features for music on YouTube' and that 'hundreds of major label and independent artists' have signed on

YouTube has reached deals with all three major music labels — Universal Music Group, Sony Music Entertainment, and Warner Music Group and many independent labels as a whole representing about 95 % of all labels



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