Music Streaming Service

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  YouTube is reportedly planning to launch a music streaming service to rival Spotify later this year.

According to 'sources familiar with the negotiations', the tech giant has reportedly signed a deal with Warner Music, Billboard reported.

The deal will reportedly give Google the ability to stream music across both its Android music platform, Google Play and YouTube, news.com.au reports.

Android users can already purchase and listen to music via Google Play, but the new streaming service will reportedly offer people access to millions of songs for a monthly subscription fee, which is much like Spotify.

Google has not given details about he new service, but it also did not deny that the streaming service would go ahead, the report added.