YouTube Introducing Paid Subscription Model

Are you ready to pay to watch “Gangnam Style” for the 41st time? Don’t worry, you won’t have to do that–but you might be looking at the future of paid video content promotion.

Today YouTube announced plans to follow Facebook in the endless quest for revenue by reaching out to “a small group of channel producers” and asking them to develop paid content channels that would cost users $1-$5 per month for access.

This isn’t a new idea: YouTube execs previously floated theoretical plans to acquire low-rated networks that can’t quite succeed on cable.

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