October 28, 2014 - 18:59 AMT
YouTube confirms music streaming service

YouTube CEO Susan Wojcicki has confirmed that the video company will launch a music subscription service in the near future, according to Digital Spy.

The Google-owned firm was expected to unveil its answer to Spotify over the summer, and although it has failed to materialise so far, the executive insists it is still on the agenda.

Wojcicki told Re/Code that YouTube is working on the best ways "to give people options" when they sign up for the service.

This is thought to allude to the pricing tiers and subscription packages on offer.

YouTube's music subscription service is expected to differentiate itself from the likes of Spotify and Deezer by granting users access to concert footage and music videos, a move that could make the issue of pricing more complex.

Previous reports suggested that YouTube's new platform will be called Music Key, although this is yet to be officially confirmed.