AdAge.com is reporting that YouTube is in the process of creating paid subscription channels on their site. Currently, all YouTube programming is free and subsidized by advertising.
The story states that YouTube has reached out to a small group of channel producers and asked them to submit applications to create channels that users would have to pay to access. The rumored cost is between $1 to $5 a month.
The story states that "YouTube is also considering charging for content libraries and access to live events, a la pay-per-view, as well as self-help or financial advice shows."
Given that WWE, who has had a deal where YouTube paid them for content, has run a number of "final episodes" in the past week or so, as well as the fact that they have asked fans what kinds of shows they want on YouTube, it's very possible that they could be one of the providers. It makes you wonder if this could be the roll out of the WWE Network.
Thanks to Ken McAndrew for sending that along.