Beats Music – a new streaming service – is scheduled to launch in the US on January 21.

Developed by Jimmy Iovine – the chairman of Interscope/Geffen records – alongside Dr. Dre and Trent Reznor of Nine Inch Nails, Beats Music will make over 20 million songs available for streaming.

A statement released by the company yesterday (January 11) explained that a Beats Music subscription will cost $9.99 a month but an initial free trial will be offered, and it will be compatible with iOS, Android and Windows phones.

Beats Music will provide a curator-led listening experience with the likes of Trent Reznor, Former Pitchfork Media editor-in-chief Scott Plagenhoef, Detroit radio music director Suzy Cole and Former Rhino Records A&R Mason Williams, as well as various music publications and radio stations, creating edited playlists for users to tune into.

Beats Music also plan to pay the same royalty fee for all tracks on its database.

Trent Reznor explained: “Beats Music is based on the belief that all music has value and this concept was instilled in every step of its development. We want it to be just as meaningful for artists as it is for fans.”

He added: “We’re committed to providing revenue to artists, while helping to strengthen the connection with their fans.”

Listen to Dr Dre talking about the Beats Music service in the interview below: