The rumor which is spreading from past few days became true now,
On Thursday, YouTube video service was started a pilot program of paid channels with 53 initial partners includes Sports,movies,music,fitness and children programs.This gives an opportunity to earn some money for their creativity.By this move Google puts a great competition with the others like Netflix and Hulu.
From the previous year Google has heavily expanded its business by with books,movies,and by in future stepping in to electronic business This paid channels is an initial step by Google started with "Sesame Street" and UFC, and said once it's started we go on to expand it with other creators.
These subscription fees starting from $0.99/month to as high as $7.99/month. And it also stated it as just a beginning,in the future it rolls out other few channels more broadly. List of paid channels are here
Creators hold the option to Charge the Subscription and Advertisements. These all channels comes with a 14-day trail period and some may offer yearly discounts and ability to subscribe via Google wallet. This revenue splits 55% goes to creator and 45% to YouTube. And these paid channels can be viewed on any device like tablets,desktops etc
These YouTube channels only made available in some countries,in India yet to release soon.I have hopes Creators make it available for Global users.
In 2006,Google purchased YouTube for 1.26 billion to generate a some amount through advertisements.After that Google gradually increased its potential content by adding films,series and music albums. Currently there are 1 million channels generating a vast amount on Youtube. It invites the creators all over the world through the Creator hub,is a best option to generate some money on their talent
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