Sources tell The Verge that the offering will cost around $10 per month. Furthermore, YouTube channels will have the ability to paywall any of their videos, allowing only subscribers to watch them.
YouTube will maintain its 45% revenue cut from all advertising revenue, but it’s also giving partners a slice of the subscription pie. The plan is to share 55% of the total subscription money with them, though the amount for each partner will depend on the time viewers spent watching videos on their channels.
YouTube channels have no choice but to participate in the new scheme once it’s live. Otherwise their videos will be set to private, according to these sources.