(Financial Times) -- Google is on the verge of unveiling an Ã  la carte subscription service for some of YouTube's specialist video channels, to finance a broader range of content and add a second revenue stream to the digital video market leader. The move, which has been in the works for months, could be announced as early as this week. It will apply to as many as 50 YouTube channels, people familiar with the plan say. Viewers will be able to subscribe to each channel for as little as $1.99 a month. The subscription service will enable channel operators to produce different content, such as TV shows and films, a person familiar with the plan said.
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Google on verge of unveiling subscription service for YouTube's specialist video channels
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Aims to finance a broader range of content and add a second revenue stream
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Viewers will be able to subscribe to each channel for as little as $1.99 a month
YouTube told the Financial Times that it had "nothing to announce" regarding channel subscriptions but was "looking into creating a subscription platform that could bring even more great content to @placeholder 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".