According to a report from Recode, Google is preparing for the launch of 'YouTube Red', the company's ad-free, subscription-based model for YouTube that has been in the pipeline for quite a while now.
Recode is reporting that numerous emails were sent out to channel owners, asking them to agree to a new set of terms and conditions by October 22nd or their monetized videos would be switched to private until the new agreement had been agreed upon. We don't know if the subscription-based YouTube Red will launch on that day, but it should be within hours of that.
The ad-free YouTube Red will launch in the US at first, after which it will float across the pond once Google begins sorting out the various legal issues associated with rights management. As for pricing, we can expect a decent price of $9.99 per month, something that will include Play Music Unlimited. As someone who shifted over from Spotify to Play Music Unlimited, I'm hoping my existing subscription will include YouTube Red.