YouTube To Launch Music Subscriptions
As reported on TechCrunch. by VICTORIA HO YouTube plans to launch a music subscription service later this year, to allow people to listen to tracks online, and to possibly cut out the ads that precede each video for subscribers, according to Fortune. The largest storehouse of streaming video, YouTube relies on selling banner ads on the site and running short clips before each video, giving a cut back to record companies. YouTube has released a statement that…