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youtube subscription fee on the way?

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youtube subscription fee

youtube subscription fee

Google’s YouTube to Launch a Subscription Service

Google-owned YouTube appears poised to launch a subscription service that will cost $1.99 (USD) a month for access to fifty of their premium channels. However, it isn’t clear if the subscription fee will remove advertisements.

The best that can be determined at this time is that the subscription fee “may” remove the ads.

Just this past autumn, YouTube launched a series of channels on it’s website for television content from Channel 4 & Filmcast 4’s “Howard and the Onion, “BBC Worldwide On Earth”, and “The Jamie Oliver Food Channel”.

The additional revenue the subscriptions raise will be used to fund more movie and television content. It is not clear how many channels the subscription will give users access to view.

Currently, YouTube has over one billion users who collectively watch over six billion hours of YouTube every month. No official word has been issued by YouTube on the paid subscription offering, but parent company Google admits the idea is “on the table” and being considered.

YouTube hasn’t confirmed the paid-for subscription plans, but a Google spokesman said: ‘We’re looking into creating a subscription platform that could bring even more great content to YouTube for our users to enjoy and provide our creators with another vehicle to generate revenue from their content, beyond the rental and ad-supported models we offer.’

In January, the company AdAdge confirmed that YouTube had asked a select group of channel producers to submit applications that would require paid subscriptions in order to view content. The next month, the Android app for YouTube now included the programming code to require paid access but the code has not been activated yet.

A Google spokesman added: ‘We have long maintained that different content requires different types of payment models.

‘There are a lot of our content creators that think they would benefit from subscriptions, so we’re looking at that.’

Source material:

YouTube to charge for watching videos: Monthly subscription channels set to launch this week to take on TV broadcasters
http://www.dailymail.co.uk/sciencetech/article-2320152/YouTube-set-charge-watching-videos-A-monthly-subscription-launch-early-week.html