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Tuesday, May 07, 2013

Report: YouTube Introducing Paid Subscription Channels Soon

The Internet is busy buzzing over reports that YouTube has gathered its druthers and is set to launch a paid subscription model for certain video channels very soon. As for how soon, exactly — it could be as early as this week.

The paid channels would help YouTube amp up its revenue and, it’s to be hoped, give fans of TV shows and movies yet another option for watching streaming content.

According to the report in the Financial Times (via Mashable), there will up to 50 channels, with subscriptions going for each at about $1.99 a month. There’ve been rumors about such a thing since way back in June of 2012, so the timing just feels right.

A YouTube spokesperson tells Mashable in a statement that doesn’t confirm or deny the report:

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