YouTube is set to introduce a paid subscription service for some of its specialist video channels, the Financial Times reports.
The move by the video-sharing website owned by Google has reportedly been in the works for months and could be announced this week.
The subscription-only videos will include up to 50 YouTube channels, the Financial Times further reported.
Users will be able to subscribe to each channel for around $1.95 per month.
YouTube told the newspaper it was "looking into creating a subscription platform that could bring even more content to YouTube for our users to enjoy and provide our creators with another vehicle to generate revenue from their content, beyond the rental and ad-supported models we offer".
Source: Financial Times
Author: Sophie Cousins, Approving Editor: Fiona Willan.