Get ready to pay for YouTube.
Google-owned (GOOGL)
video site will be offering a commercial-free paid subscription
service, possibly later this year. Speculation is YouTube will charge
about $10 a month for the no-ads plan.
This doesn’t surprise Yahoo Finance’s Aaron Task.
“Google is trying to come up
with several different ways to generate revenue outside of their core
advertising market, which is still a juggernaut,” he says. “But they’re
losing a lot of ground to Facebook (FB) and others in the mobile area, so they’re trying to find different revenue streams.”
Task notes one key motivation for the move is to increase the money available to pay for incredibly popular YouTube stars.
“In large part, this is an
effort to try to keep the creators of the content on YouTube that has
been so successful-- the Michelle Phans of the world—happy,” he adds.
My customers use Vimeo because they did not want ads and they are paying to have that. As far as Joe Q public posts I believe they will stay free.
I believe that video is still king and the more you can have it on your website the better your website will be and rank.
More to come.
Joe
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