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| CNN Photo |
The service
has its own negotiating team and operating unit but will likely have some
overlap with new features also rumored to be coming to Google's Android music
platform, Google Play.
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. 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.
Fortune was briefed on the service by sources in the record
industry and at Google who declined to be named. Through a spokesperson,
YouTube issued the following statement: "While we don't comment on rumor
or speculation, there are some content creators that think they would benefit
from a subscription revenue stream in addition to ads, so we're looking at
that."
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