YouTube Will Charge Fees For Access To Videos
Posted: May 22, 2013 by Maja Johnson
The largest video sharing network YouTube is planning to charge fees for access to certain channels. Whether or not this is true, the rumors about it are through the roof. It is expected that the website will introduce its paid subscription by the end of May.
According to the rumors, the subscription fees will refer to certain YouTube specific channels. The subscription channels would be available for a very small price, from $2 to $5 a month depending on the channel.
YouTube has several reasons for created a paid section. First, it would enable users to get access to even greater content. Second, creators would be able to generate greater income. YouTube will continue to follow their original marketing model – If creators generate profit, YouTube will generate profit as well.
This new platform would be a step forward into creating serious competition to some of the largest Internet streaming companies like Netflix, Amazon and Hulu Plus. In general, YouTube is considering that the subscription platform could even generate more users, more money, and new creators.
This will be the ultimate test for a channel's followers. Will their fans be willing to pay the $2/mo subscription or will they simply move on to the next free channel?