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The Boston Globe

Business

YouTube to offer paid subscription service

YouTube on Thursday ­detailed its plan to let producers sell paid subscriptions to their videos, creating a prominent new marketplace for ­programming on the Internet.

The video website, a unit of Google, said the first paid video channels would come online Thursday afternoon, with subscription rates ranging from 99 cents to $7.99 a month. The early participants include Sesame Workshop, the producer of ‘‘Sesame Street,’’ which will stream full episodes to paying subscribers; Ultimate Fighting Championship, the mixed martial arts league, which will stream classic fights to fans; and The Young Turks, a progressive talk show.

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