Youtubeis planning to launch a subscription version of its online video service, for which viewers will pay to remove its advertising.


The Google subsidiary announced its plans in an email to channel owners, while also informing them that if they do not sign up to participate, they will have to set all their videos to “private”.

The news follows the beta launch of YouTube Music Key, a Spotify-style streaming music service that will eventually sell subscriptions, as well as children’s app YouTube Kids.

“We’re excited to build on this momentum by taking another big step in favour of choice: offering fans an ad-free version of YouTube for a monthly fee,” explained the email to creators.

“By creating a new paid offering, we’ll generate a new source of revenue that will supplement your fast-growing advertising revenue.”

YouTube has not announced how much a monthly subscription will cost or a specific launch date, although The Verge claims the price is likely to be around $10 a month, while creators have been given a deadline of 15 June to sign up.

Creators clicking through to the new partner terms discovered that YouTube plans to keep 45% of the revenues for itself, while sharing the other 55% out among channel owners according to their share of viewing by subscribers.

Channel owners who do not want to take part will see their video settings changed to “private” according to YouTube. That’s the stick backing up the carrot of potentially-higher income from subscribers.

Source:http://nairausd..com/2015/04/youtube-reveals-plans-for-monthly.html

This is strong. Can someone in the house explain this further.

For easy understanding.

Thanke