Youtube inks deals with Sony, Universal Music

(Provided Photo/YouTube)

INDIANAPOLIS (WISH) – Youtube has entered into long-term deals with Sony Music Entertainment and Universal Music Group in a move that will likely help it launch a new music service next year.

Youtube’s new streaming music service is reportedly being referred to internally as Remix, according to Bloomberg.

A bonus for a Youtube music streaming service is that it could be optimized to access video, including live concert footage and music videos.

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