Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Alphabet    GOOGL

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

YouTube Music, a New Streaming Service, to Roll Out May 22

share with twitter share with LinkedIn share with facebook
share via e-mail
05/17/2018 | 07:55am CEST

By WSJ Staff

Google said its YouTube unit would roll out a new music-streaming service, YouTube Music, on May 22.

In a statement dated Wednesday on its official blog, YouTube said its new service would include a "reimagined mobile app" and a new desktop player designed for music.

The service will feature "thousands of playlists, the official versions of millions of songs, albums, artist radio and more." The new service will be introduced in the U.S., Australia, New Zealand, Mexico and South Korea, the company said. It will be expanded more broadly in coming weeks.

"While fans can enjoy the new ad-supported version of YouTube Music for free, we're also launching YouTube Music Premium, a paid membership that gives you background listening, downloads and an ad-free experience for $9.99 a month," YouTube said.

In addition, YouTube said it would now call its YouTube Red subscription service YouTube Premium. It will include YouTube Music and existing YouTube Red video programming.

Google's parent is Alphabet.

With the coming rollout, the company will dive deeper into a space already populated with other heavyweight players. Earlier this yera, Stockholm-based streaming-music service provider Spotify Technology SA went public in New York, while for Apple music has become a major contributor to its important services segment. YouTube Red is a rival of Netflix and Amazon.com Inc.'s (AMZN) video subscription services, among others.

Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM 0.44% 1610.15 Delayed Quote.36.97%
APPLE 0.23% 188.58 Delayed Quote.11.43%
NETFLIX 0.57% 351.29 Delayed Quote.83.00%
SPOTIFY TECHNOLOGY SA 1.30% 156.6 Delayed Quote.0.00%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on ALPHABET
05/25EU states agree rules to make search engines pay for news
05/25EU states agree rules to make search engines pay for news
05/25ALPHABET : Google tries to ease tensions on eve of new EU privacy law
05/24Facebook launches searchable archive of U.S. political ads
05/24Wary of China, Macron urges Europe to set tech regulation standards
05/24GAZPROM : EU ends antitrust case against Gazprom without fines
05/24GDPR Has Companies Big and Small Racing to Comply
05/23Trump floats management changes instead of sanctions for China's ZTE
05/23Samsung Wants Every Appliance to Talk to You by 2020
05/22Trump floats management changes instead of sanctions for China's ZTE
More news
News from SeekingAlpha
05/27Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q1 2018 Update 
05/26Tracking Al Gore's Generation Investment Management Portfolio - Q1 2018 Updat.. 
05/25MARKET VOLATILITY BULLETIN : 10-Day S&P Historical Volatility Drops Below 7% 
05/25Profits From Binge-Watching Help Alphabet As Well As Netflix 
05/25Tracking Stephen Mandel's Lone Pine Capital Portfolio - Q1 2018 Update 
Financials ($)
Sales 2018 136 B
EBIT 2018 32 856 M
Net income 2018 31 214 M
Finance 2018 82 408 M
Yield 2018 -
P/E ratio 2018 24,53
P/E ratio 2019 22,86
EV / Sales 2018 4,90x
EV / Sales 2019 3,91x
Capitalization 750 B
Duration : Period :
Alphabet Technical Analysis Chart | GOOGL | US02079K3059 | 4-Traders
Technical analysis trends ALPHABET
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 45
Average target price 1 250 $
Spread / Average Target 15%
EPS Revisions
Lawrence E. Page Chief Executive Officer & Director
Sergey Mikhaylovich Brin President & Director
John LeRoy Hennessy Chairman
Ruth Porat Chief Financial Officer & Senior Vice President
Eric E. Schmidt Director & Technical Advisor
Sector and Competitors
1st jan.Capitalization (M$)
ALPHABET2.91%750 008
BAIDU4.09%84 884
NAVER CORP--.--%20 976
YANDEX5.47%10 892
SOGOU INC-15.47%3 802