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Youtube to bring subscription service this week? [rumor]

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Well this could mean a lot for us Youtube addicts: according to the Financial Times, a Youtube subscription based service may be rolled out as early as this week. Pricing is rumored to start at $1.99 per month, with up to 50 channels looking to utilize the subscription based model. Google has already implemented code references in the Android application, so it seemed like a matter of time before it announced the service.

From what we understand, it seems Google is increasing its efforts in making Youtube a place for professional video, rather than just the amateur content it has become famous for. Last week Eric Schmidt claimed that television had already been replaced by the internet, and this news further backs up his claim. Don't forget also that Google I/O is less than two weeks away, so it would be the perfect time for Google to announce the subscription service that is aimed originally at Netflix users.

What do you think? Would you be interested in a subscription based Youtube service?

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