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YouTube, the Google-owned video platform, plans to launch a new music subscription service in March 2018, Lucas Shaw of Bloomberg reports. Warner Music Group, has already signed on, sources tell Shaw, and YouTube is already in talks with other major record labels, like Sony Music Entertainment and Universal Music Group.

Why it matters: It's a foray into the subscription music scene that's primarily been dominated by Googls's biggest competitors in the space: Apple, Spotify and to an extent, Amazon. YouTube's biggest challenge will be striking deals with music groups, which in the past have argued that they have not been fairly compensated in deals with YouTube. Roughly 25% of music streaming happens on YouTube.

Go deeper

Nathan Bomey, author of Closer
35 mins ago - Economy & Business

Tipping has soared during the pandemic

Illustration: Sarah Grillo/Axios

From restaurants to ride-sharing, Americans are tipping a lot more than they did before the pandemic.

Why it matters: The past two years have upended the way we express appreciation to the people who provide us food and services.

Updated 10 hours ago - Energy & Environment

Bomb cyclone prompts blizzard warnings from Virginia to Maine

Computer model projection showing the intense storm off of Cape Cod on Jan 29, 2022, with heavy snow and strong winds lashing the coastline. (Weatherbell.com)

Blizzard warnings are in effect for 11 million people from coastal Virginia to eastern Maine as a historic winter storm is set to slam the Mid-Atlantic and Northeast beginning Friday.

Why it matters: The storm will bring hazards ranging from zero visibility amid hurricane force wind gusts and heavy snow, to coastal flooding that will erode vulnerable beaches and threaten property from the Jersey shore to coastal Massachusetts.

Updated 10 hours ago - Politics & Policy

Omicron dashboard

Illustration: Shoshana Gordon/Axios

  1. Health: Contact tracing fizzles across America — New clues emerge on long COVID — Omicron is finally burning out — It's very difficult to get access to antiviral COVID treatments — Axios-Ipsos poll: Omicron's big numbersAnother wave of death — FDA limits use of Regeneron and Lilly antibody treatments.
  2. Vaccines: Pfizer begins clinical trial for Omicron-specific vaccine — The shifting definition of fully vaccinated.
  3. Politics: Virginia AG says public colleges can't mandate COVID vaccines —Alaska governor joins Texas lawsuit over National Guard vaccine mandate — Navy discharges 45 sailors for refusing vaccine — Spotify to remove Neil Young's music after his Joe Rogan ultimatum — White House: 60M households have ordered free COVID-19 rapid tests.
  4. World: U.K. to lift travel testing requirement for fully vaccinated — Beijing Olympic Committee lowers testing threshold ahead of Games.
  5. Variant tracker