YouTube's new music streaming service to take on Spotify and Apple Music

It looks like Apple's music streaming services will get a major competitor early next year. Warner Music Group, one of the world's three major record labels, has already signed on, said the people, who asked not to be identified discussing private talks.

The online shopping giant has unveiled that is AI-powered speakers and unlimited music service will come to 28 new markets across Europe and South America. In comparison, Spotify now has 140 million monthly users, 50 million of which are paying for a monthly subscription. Moreover, YouTube is also in talks with Sony Music Entertainment, Universal Music Group as well as Merlin. According to a Bloomberg report citing sources familiar with the development, YouTube is prepping to launch a paid music service in March next year. Besides, it is even fetching after artists to help in promoting the service. Moreover, it will provide more revenue to music labels that have been pushing for more money from the video site.

Fire TV owners have reported that trying to watch YouTube clips now prompts an alert warning them that they will lose the functionality on 1 January.

Though the music industry had hoped Red would be devoted to music, YouTube has positioned it as a home for original video projects like science-fiction comedy "Lazer Team" and a reboot of "The Karate Kid".

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"Alexa for Business brings the Alexa you know and love into the workplace to help all types of workers to be more productive and organized on both personal and shared Echo devices", said Tara Walker of Amazon Web Services in a blog post. And, we personally don't prefer Google's Play Music either for myriad reasons.

Amazon Music Unlimited gives you access to 40 million songs, new worldwide playlists, personalized playlists and stations, new releases, and unlimited ad-free streaming.

The company must overcome several hurdles if it aims to meet a March target. Though, you'll see a notice that the app will no longer work after the start of the new year. But Amazon doesn't carry Google products like Chromecast and Google Home, doesn't make Prime Video available for Google Cast users, and last month stopped selling some of Nest's latest products.