YouTube introduces paid subscription channels
It’s no secret that YouTube is working to become a major player in the media-streaming business. Having already succeeded in becoming the world’s largest video-sharing website, they intend to turn themselves into complete video delivery platform. YouTube already has a pay-per-view service that allows users to rent movies and television shows. Now they’re delving into the realm of paid subscriptions. Their new service includes 53 new channels that users must pay for in order to subscribe and watch videos. The subscription fees start at $.99 per month but the price can be changed by…