YouTube reportedly launching new subscription service next month
We all know YouTube has been planning to launch a completely ad-free subscription, but the details have been sorely lacking on things like how much it will cost, what will be included, and when it will launch. According to a report from Re/code, it has been suggested that based on an email sent from YouTube to content owners that this ad-free version could be launched in late October. What content creators have to do, is agree to the new terms by the end of October. If they fail to do so before the deadline, they lose monetisation on their videos in the United States.
YouTube promises the new ads-free version will supplement revenue sources.
YouTube has been around for more than ten years as a free service but this might be getting a bit of change soon.
The world’s most famous YouTuber, PewDiePie, for example, made a reported $7 million in 2014, making him a millionaire because of his dedication to posting videos on his channel. One would give you unlimited music streaming, while the other would let you watch all the videos you need (or want) to, without ever seeing any advertisements.
Note that we’re referring to a single service, not multiple ones.
So far, 95% of content creators on YouTube have signed up to and agreed to the deal to allow their videos to be watched by subscribers. Just like earlier reports revealed, if providers refuse to get on board, their catalogues will “no longer be available for public display or monetization in the United States”.
To accept, simply log into YouTube.com as “pakafka” from a desktop or laptop and follow the prompts by October 22nd. Of course, at any time, you can decide to re-enable monetization by navigating to your Account Features page. We remain committed to working with you, as we always have. Common FAQs can be found here.
We believe these new terms will greatly strengthen our partnership for the future. That outcome would be a loss for YouTube, a loss for the thriving presence you’ve built on the platform, and above all, a loss for your fans. Today, mobile represents over half of all watchtime and mobile revenue is up 2x in just the previous year.
Hate having to sit through ads while watching videos on YouTube?