Do you believe in paying for YouTube videos? The Google-owned web video giant certainly hope you feel that way. YouTube has rolled out a competitor for Netflix, Amazon, and other streaming video services.
YouTube’s new service currently targets about fifty of its nearly one million third-party content channels, with monthly fees starting at 99 cents per channel.
Launch channels include National Geographic, RLJ Entertainment’s Acorn TV, Magnet Releasing, “Seasame Street” creator Jim Henson Family TV, UFC, Mark Cuban’s HDNet, and BigStar Movies, and more.
In a statement, YouTube says that this is just the beginning of its content rollout:
“We’ll be rolling paid channels out more broadly in the coming weeks as a self-service feature for qualifying partners . . . We look forward to seeing how … creators move ahead with a new way to reach the fan communities that made their channels a hit.”
How is YouTube going to fare with this new service, Insiders? Is it going to be a tough sell to try to persuade people to pay subscription fees?
[via Home Media Magazine]