The Financial Times has today reported that Google will soon launch paid subscriptions for YouTube as earlier as this week, channels within which would cost $1.99, or £1.30 if you live in the UK, a price which is expected to become and extra source of income for the ad-supported service.

This has been a largely rumored feature for some time, and was more or less confirmed when Mashable asked the company for a comment on its plans:

“We have nothing to announce at this time, but we’re looking into creating a subscription platform that could bring even more great content to YouTube for our users to enjoy and provide our creators with another vehicle to generate revenue from their content, beyond the rental and ad-supported models we offer.”

Of course, this feature is unlikely to be available for every subscriber, and it’s likely that the company would only allow it for those it has already vetted, such as its already existing content partners, but it will make the site a broadcaster, which will mean a few tighter rules for the service.

Source: Financial Times (subscription needed)

Source: Mashable

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