YouTube plans to convert music listeners into paid subscribers by slamming them with ads – EDM All Day

YouTube plans to convert music listeners into paid subscribers by slamming them with ads – EDM All Day

It seems  is taking a page from ‘s business model, which has been successfully enticing its free users into paying premium tiers for …

It seems  is taking a page from ‘s business model, which has been successfully enticing its free users into paying premium tiers for years. During a recent panel, YouTube’s global head music, Lyor Cohen, revealed that the streaming website has plans to bombard its heavy music listeners with more ads in the hopes agitating them into . “There’s a lot more people in our funnel that we can frustrate and seduce to become subscribers,” says Cohen.

While the move will be frustrating for the millions users who use the platform as a free streaming alternative, it’s a win for YouTube in terms business. Either users will be converted into paid subscribers or YouTube will make loads  money from increased advertisement revenue. The move is thought to help make the company more competitive with Spotify, who currently leads all streaming platforms in overall subscribers. Artists and labels have long criticized YouTube for hosting millions videos that violate music copyrights while earning YouTube prits.

YouTube’s new service is still expected to launch sometime this spring, with combined features the existing YouTube Red and Google Play Music services into a single streamlined package.

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