In what would represent a new chapter in the world of online video, YouTube is preparing to launch paid subscriptions for certain channels on the network as part of ongoing efforts to attract content producers, viewers and advertising funds away from traditional Television!
Sources familiar with the YouTube subscription plans have stated that the video sharing platform has contacted a small group of channel producers and asked them to submit applications to create channels that users would pay to access.
Initial reports seem to suggest that the first paid access channels would cost somewhere in the region of $1 to $5 per month. As well as charging for channels that provide episodic content, YouTube is also looking at the option of charging for access to content libraries and viewing of live events in a pay-per-view style setup. Continue Reading