YouTube Revolution: launches pay channels - Agi - AGI - Journalistic Agency Italy

10:14 May 7, 2013 Into (AGI) – Rome, May 7 – Turn to YouTube. The video sharing site will launch ‘pay channels that offer TV series and movies only to those who decide’ to subscribe. The revelation and ‘Financial Times, according to which the news’ could be announced already’ in the coming days. The channels would be fifty and subscription should cost around $ 2 per month. YouTube has not confirmed the news, but has admitted to working on a platform to provide users with high-quality content ‘and to ensure that authors of new forms of reve nue. The YouTube audience, according to Ft, and ’1 billion users viewing 6 billion hours of video every month. Giants such as Time Warner, The Chernin Group, Bertelsmann and Discovery Communications have invested in companies that produce and aggregate content for YouTube. And in the last days DreamWorks Animation, which produced the Shrek movies, bought Awesomeness TV, a network for young people with millions of clicks.