One of the more highly active sites on the Internet, YouTube has developed a stellar reputation because it offers users the chance to see nearly any type of video for free.
Whether you're looking for the latest news reports, movie trailers, or highlights of the most recent sporting events, YouTube has grown into an on-line success because they accommodate the needs of nearly everyone that uses their site while not charging even a single penny to use.
The Internet giant has certainly been a great resource for many but free access to the website may be nearing an end.
According to the New York Times, YouTube will reveal a plan that will allow a select number of their video makers to charge a monthly subscription.
While the potential fee shouldn't come as a surprise to those who use the site, a large majority of the website will still remain free. The on-line hotspot currently implements the use of advertisements but as the Daily Mail notes, implementing a pay division may in fact remove adds on the site altogether.
"We're looking into creating a subscription platform that could bring even more great content to YouTube for our users to enjoy," a spokesperson for the Google-owned YouTube told Yahoo News. The move in the proposed new direction would also allow "creators with another vehicle to generate revenue from their content, beyond the rental and ad-supported models we offer."
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Available subscription channels are set to include programming for children, entertainment, music and more according to the New York Times. Many channels will even cost as little as $1.99 per month.
With the website run the way it is now, Yahoo News notes that 55% of revenue earned from the advertising goes to the site's content producers while the remaining 45% is received by the YouTube site.
Developed in 2005 by co-creators Steve Chen, Chad Hurley ad Jawed Karim, YouTube.com averages approximately 6 billion hours of video from its loyal fan base on a monthly basis.
With the success the on-line superpower has generated since its inception 9 years ago, implementing subscriptions for various channels is not only expected to help the site continue to grow in the United States but traffic from all across the globe could potentially skyrocket as well.
The reputation YouTube has built over the years will surely aid in the site's continuous success, even though it will begin to charge users for select services.
Check out the first video launched on YouTube back in 2005:
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