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YOUTUBE to switch on paid-for video


YouTube plans to start selling subscriptions to some channels on its video platform, throwing the Google-owned site into direct competition with cable television and streaming services such as Netflix.

The company has invited a small number of content producers to submit proposals for channels that would charge $1-$5 per month, according to a person familiar with the matter.

 

Read more:

http://www.ft.com/intl/cms/s/0/d1c0b348-6a37-11e2-a7d2-00144feab49a.html#axzz2JPjCrZaL

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