YouTube, as we all know, is a video-sharing website that was founded back in 2005 and was later acquired by Google in 2006. YouTube Red which was launched on October 28, 2015 is a paid subscription service which, among other things, removes advertisements for $10/month. Since the launch of YouTube Red, YouTube has been pushing creators to release more professional content and for movie studios (ie. Paramount) to release their content onto YouTube. This push has led YouTube to have exclusive content that you can only access by paying a fee or having a YouTube Red membership. This exclusive content also puts YouTube into competition with the likes of Netflix and Hulu, only to name a few. All that said, we will have to wait to see if anything comes out of this or if YouTube will abandon this endeavor in favor of another source of revenue.
*Video courtesy of the YouTube channel "YouTube Spotlight."
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