YouTube will now charge users to watch most of the freshly uploaded content, under paid subscription. If this doesn't sound good to those YouTube users who are hooked to the music and video streaming site for accessing content for free, the company will continue to run a free version of the site as well.
YouTube is hosting an event at its studio space in Los Angeles on October 21, where the company will make announcements around its paid content programming for better funds. The popular site has been working on adding fresh content that will be available to its upcoming paid subscription takers. This pay-to-view content will soon be available on YouTube under $10 monthly subscriptions.
Some of the content that YouTube libraries for paid subscribers will feature has already been created, while some are still in the works, and will be available in 2016. Such content will be made ad-free and come with other added features as well.
However, YouTube will continue to have a free, ad-supported version of the content. It is believed that content that will be available on its free site, will also appear for the paid subscribers. Hence, the company is insisting that all content providers and makers, who have videos with ads, will have to provide content for ad-free subscription service as well.
The company is now focusing on funding those new, or lesser-known video makers who can reach YouTube's young audience. This funded content push help content providers as well as the company.
The idea of paid subscription was expected to be rolled out, considering that the company talked about providing support its top creators for content in 2014.
The exact date of the roll out of this new set up is yet not confirmed, but it is expected to go liver very soon. More will be known about the service when YouTube will unveil more details about it at its upcoming event.