YouTube to Launch Paid Subscription Service

28 Sep 2015 | Author: | No comments yet »

Report: YouTube’s 2-in-1 subscription service is coming this October.

YouTube might be launching its long-awaited subscription service as soon as the end of October, according to Recode. We all know YouTube has been planning to launch a completely ad-free subscription, but the details have been sorely lacking on things like how much it will cost, what will be included, and when it will launch.A few months ago there were reports about YouTube providing a new subscription-based service that would allow the users to view the videos without any ads. Google’s video website already sent out emails to content owners, asking them to agree to the terms for a “new ads-free version of YouTube” by October 22nd.

Just like earlier reports revealed, if providers refuse to get on board, their catalogues will “no longer be available for public display or monetization in the United States.” The service won’t just flush out ads from videos, though: Recode says the company’s $10-a-month offering also comes bundled with Music Key, the website’s music streaming product that features offline access, background playback and more. The subscription is expected to run for $10 / month and would completely remove all paid advertising from YouTube and include the current benefits of Google Play Music Unlimited. Google-owned YouTube looks to be in the final stages of launching its subscription service, and a report from Re/Code claims the date to mark on users’ calendars may be October 22, 2015. Rumors about a premium service option have circulated for years, particularly after the first report of a music-focused streaming subscription surfaced, which ultimately became YouTube Music Key. The paid subscription will provide the steady home-grown talent that paycheck every month to the channel owner rather than elite content from the TV studio.

Advertisements popping up in between the videos allow the creators to keep earning a significant amount of money from the videos they created, and as far as earnings are concerned, then there are YouTubers who make thousands of dollars a month just by creating the videos. The site intends to bundle an update of its music service launched last fall, and the subscription service that will offer users the ability to view videos without seeing ads. As Music Key was supposed to cost $10 a la carte, the rumored monthly subscription fee of $10 sounds like a bargain, with music labels and copyright owners due to collect the majority of those fees. One of our own tipsters has confirmed YouTube Red will be the name for the all-in-one subscription. “As you heard in our previous emails, we want to ensure that fans who choose to pay for an ads-free experience can watch all the same videos that are available on the ads-supported experience.

However, if you were assuming that the subscription-based YouTube will allow you to watch the movies for free, then there is no way the company would give up on the rentals, shows and the movies on the YouTube. You’ll get to keep your current user name (as long as it doesn’t contain invalid characters, in which case you’ll have to go through a few extra steps to make the transfer), and all your old comments will eventually (not immediately) migrate with you. And of course, at any time, you can accept the updated terms which will make your videos public and monetizable again.” The membership, of course will not hamper with movie rentals, paid channels or any content that requires payment to view.

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