It has been reported before that the biggest online video site, YouTube, is going to have paid subscription channels and according to the recent news, they are going to launch this program in this week.
This paid service by YouTube is said to include about 50 channels. If this would grow successful, this number could increase in no time.
According to the people familiar with the matter, a single channel subscription only cost $199 a month. YouTube also confirmed this news to CNET that they have been working on with this project though they . . . → Read More: YouTube will Launch Paid Subscription Channels this Week
YouTube is making discussions on a $50 million equity investment in Vevo LLC, a music video service.
According to a source familiar with the setting, YouTube’s mother company, Google would be owning less than ten percent of Vevo. This gives Vevo an assessment of a minimum of $500 million. The discussion is still ongoing.
Moreover, the investment would be a probable part of a wider agreement in keeping the music videos of Vevo on YouTube.
Vevo, which was started in 2009, was formed by Sony Music Entertainment of Sony and Universal Music of Vivendi SA. Just last year, Google extended . . . → Read More: Google to invest in Vevo
Paying a channel subscription to watch YouTube?
YouTube, a video-sharing website where you can watch video/TV/movie clips, music videos, short original videos, educational videos, amateur videos like video blogging and spoof videos, is aspiring to introduce paid channel subscriptions this year.
According to a report released by AdAge citing people familiar with the story, at present YouTube has talked to a very few producers with regard to the development of paid channels.
Reportedly, there are already plans on what the first few channels that would require people a fee in order to watch. The cost would be between $1 and . . . → Read More: YouTube to launch paid channel subscription next quarter
According to a reliable source, Google prepares to make 20 special channels on its YouTube site, and will pay out $100 million to make original programming to inhabit them.
Google desires to make its individual streaming video programs, but the company will make inexpensive programming planned specially for the web and YouTube, and support the shows with advertising. The sources said this will be a “major overhaul” to YouTube, which previously has a profitable advertising scheme prepared.
It was not yet sure when Google would start using the money to make the new programs, but Google . . . → Read More: $100 Million-Worth Original Programs for YouTube, to be Supported by Google
YouTube has purchased an Irish digital video company, Green Parrot Pictures, which alleges to increase picture quality and filter noise in uploaded videos.
In 2004, the company was founded by Anil Kokaram, an associate Professor of Engineering at Trinity College in Dublin. It has expanded technology that can develop video quality while as well decreasing bandwidth and developing playback speed, all of which probable interests YouTube significantly.
Green Parrot Pictures has a little group, however it has acknowledged the support of several big name film studios, with its . . . → Read More: Green Parrot Pictures, Bought by YouTube