YouTube said Wednesday it will soon launch a new subscription-based service that will let users watch videos on the website without annoying ads interrupting the clips.
The streaming video website, which is owned by Google, reportedly disclosed the planned paid service in an e-mail sent to producers of top video content and obtained by various media outlets. The e-mail did not say how much the subscription would cost or when it would become available. However, Bloomberg cited an anonymous source who said the paid service would be available before the end of this year.
YouTube also reportedly plans to update its terms of service for video partners, effective in June, to give them a 55% cut of subscription revenues, according to TechCrunch. Current YouTube content creators — including social media stars like Michelle Phan — already get a similar share of ad revenues.
Last fall, reports surfaced claiming YouTube was considering an ad-free, paid service as part of its effort to boost revenue (and, eventually, turn a profit), but the company had offered no confirmation until now.
Queen Adblock. Makes ATRL so much easier to navigate.
OMFG
I can't even access this site on my iphone with safari because it takes me to an add that navigates me to the ****ing app store EVERY TIME. I hate using ad block app on my phone because save my tabs.