10 May 2013 08:39:31 AM
Youtube, universally known as the source for free videos of everything kitten, fighting or sexy (and the rare, sexy kitten fight) finally detailed their plan to allow certain content providers to offer paid subscriptions. A few dozen of YouTube’s one million revenue-generating accounts have been announced as now having premium content channels that will cost anywhere from .99 cents to $7.99 per month — including the UFC’s massively popular channel.
UFC Select will offer subscribers event replays, episodes of The Ultimate Fighter and classic fights for $5.99 a month. For years, all YouTube content has been free but the word is that this new paid subscription pilot program was created to satisfy complaints major content creators like the UFC who wanted to make more money than they are making from ads on their free YouTube videos.
It is unknown what the revenue split from subscriptions will be between YouTube and companies like the UFC. However, the New York Times reports that the video hosting website took 45% of revenue from ads on free videos. Malik Ducard, the director of content partnerships told media during a teleconference this week that the paid subscription revenue split would be similar.
Maybe that’s a good deal for the UFC, maybe not. A move like this certainly helps us understand the UFC’s aggressive legal strategy of shutting down sites and people who stream events live and even use taped footage in highlight videos. They want to continue to monetize the content that they have invested heavily in to create.Read More DIGG THIS