YouTube preparing to offer paid subscriptions this year
SAN FRANCISCO (REUTERS) - YouTube, the video website owned by Google, plans to offer paid subscriptions to some of the content on its site later this year, according to a media report.
YouTube has reached out to several video producers, asking them to submit applications to create for-pay "channels", according to a report in AdAge on Tuesday that cited anonymous sources.
The first such channels could be available to consumers by the second quarter for between US$1 a month and US$5 a month, AdAge reported.
YouTube, the world's No. 1 video website, has been moving to add professional-grade video programs to the vast archive of amateur, home-shot videos that made the site popular.