According to the reports, YouTube is planning to make akin to a Spotify along with video, later this year. Plans basically include the services primarily for mobile which will have free streaming service with a premium tier(offers unlimited access to a full catalog of tracks) that’ll be like Google Music’s All Access streaming service.
The goal behind making this for mobile devices is “Computer Users can directly YouTube it”. Some magazines pointed out upon the strategy like, YouTube have more flexibility in packaging and selling music with fewer restrictions and in the future these premium music video service could be paired up with other Google products.
“We’re always working on new and better ways for people to enjoy YouTube content across all screens, and on giving partners more opportunities to reach their fans,” YouTube said in a statement. “However, we have nothing to announce at this time.”