YouTube Preps for Subscription Service

It was reported this week that in preparation for their upcoming ad-free subscription service, YouTube has begun warning content owners that their videos will be pulled if they do not agree to new Terms + Conditions by October 22nd. According to sources, content owners will not have any say in whether or not non-subscription users will be able to access their videos. YouTube plans to pay video uploaders 55% of total net revenue from subscription fees 'attributable to the monthly views or watch time of your Content as a percentage of the monthly views or watch time of all or a subset of participating content in the relevant subscription offering (as determined by YouTube)'. Read more on how YouTube's upcoming subscription service will effect content owners here.