We have been hearing rumors for a while that Google are working on paid channels for the YouTube video service, and now according to a recent report by the FT, YouTube are close to launching this new paid service.

According to the report the service could involve up to 50 paid channels, where you could either subscribe to all the channels for a monthly fee, or choose individual channels which would cost around $1.99 per month.

It will be interesting to see what Google comes up with for their paid subscription service for YouTube, whether it will become popular remains to be seen, as soon as we get some more details on the service we will let you guys know.

Source Cnet, FT