We’ve been hearing a lot of different reports and rumors lately regarding what Google could have planned for YouTube. Obviously YouTube isn’t showing any signs of slowing down, but they might as well improve it and capitalize on the billions of viewers, right? Today we’re hearing YouTube will announce paid channel subscriptions soon, possibly sometime this week.

This isn’t the first time we’ve heard of paid content on YouTube, and that isn’t just for videos either. There’s been multiple reports last month that they might launch a paid music streaming channel, which could be deeply integrated into Google Music and Android, and that’s just one of many rumors.

According to the New York Times, YouTube’s subscription option is real, and actually coming soon. While we don’t have the details, certain limited video makers will be able to charge a monthly subscription for viewers to enjoy their content. While this is great for revenue, the free aspect is one of the best parts of YouTube if you ask us.

This isn’t for everyone though, and will probably be limited. News organizations, and extremely popular channels that make their own unique content like sxephil and the Philip Defranco Show could take part, and not just anyone. We could also see this being the bigger picture and paid music streaming will simply be one aspect of this. Reports suggest channels will start at $1.99 per month.

Would you join a video subscription service on YouTube if it had quality content? Maybe for the right price if they offer a cheaper mobile-only subscription? We’re hearing there could be nearly 50 already in the works with Google.

[via SlashGear]