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How YouTube is threatening Spotify

YouTube is already the world's largest streaming site. But it's never been particularly useful for searching for whole albums or listening on the go. The company wants to change that.

Slate Magazine
Jordan Weissmann, (c) 2014, Slate.

NEW YORK — After months of leadup (and some nasty tussling with artists), Google-owned YouTube announced this week that it will offer a paid music subscription service. The name: Youtube Music Key. The promotional price: $7.99 a month, marked down from $9.99. Right now, the service is in invite-only beta mode. But this marks the start of what seems…