YouTube hints at pay channels

Internet giant YouTube is poised to announce a series of pay channels, an industry source has revealed.

The content will be in addition to the millions of videos viewers watch for free on the site. It is not clear if the paid videos will come with advertising.

YouTube said it was looking into creating a “subscription platform” that provides its partners with a way to generate revenue beyond video rentals and placing ads in and around content. It said, however, that it had “nothing to announce at this time”.