It’s been a long time coming, but it seems YouTube may finally be prepping to offer a subscription service next month.
According to Recode, the company sent out an email to content owners yesterday, informing them that they have to agree to a new set of terms by October 22, or their videos will no longer be available.
Hate spammy ICOs and crappy cryptocurrencies?
So do we.
It’s not particularly vague about what changes are happening either, indicating an upcoming ad-free service:
To give fans more choice we will be launching a new ads-free version of YouTube, available to fans for a monthly fee. This service will create a new source of revenue over time that supplements your advertising revenue. That’s why an overwhelming majority of our partners — representing over 95% of YouTube watchtime — have asked for and signed up for this service.
Furthermore, Recode’s sources suggest that the ad-free service will be bundled with Music Key at the current price of $10 per month, and should launch near the end of October.