YouTube has come up with a new business plan that could have potential backlash from visitors of the site. They want to add a $5 subscription fee on 25 channels. YouTube is in talks with a few popular channels to see if they’d like to be part of the business plan. Google, who owns YouTube, will collect 45% of the profits.
The amount isn’t exactly expensive, but it won’t be met with open arms. There’s already profit; ads have a presence on the site, which gives YouTube and video makers revenue. Any channel that agrees to be part of the subscription service will lose a massive amount of viewers, especially since a lot are casual viewers.
YouTube shouldn’t try to become Netflix or Hulu Plus. They’re already leaders in a niche, and they get a lot in ad revenue. Wringing out the site for more will push visitors away.