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Monday, May 6, 2013

YouTube will launch a paid subscription for some channels


Google is about to announce a paid subscription to some channels from its platform online video service YouTube, says the Financial Times on Monday.

The announcement, which could come as early as this week, 
is expected to affect some 50 channels for subscriptions starting at $ 1.99 per month, according to the business daily, citing sources close to the project.


The platform, which derives most of its revenue from digital video advertising, and should adopt a new funding source. So far, the site earns the majority of its revenue from advertising.