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YouTube closes on subscription service for its specialist channels

Google is on the verge of unveiling an à 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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