YouTube's new paid content service has gone live, and it features fitness channels, a couple of movie distribution companies (including mockbuster manufacturer The Asylum), a Cuban channel, and something called "Fix My Hog Premium," among others. Deadline explains:

Sesame Street and Young Turks are among 30 YouTube services that, beginning today, will offer content to people who pay a subscription fee following a 14-day free trial period. They’ll cost an average of $2.99 a month, payable via credit card or Google Wallet, and some will go for as little as 99 cents...

I don't know. Besides Sesame Street—which is not currently on the list of pay channels, by the way—I'm not sure that anyone would be willing to spend any money on these channels. Maybe this is the beginning of the end of free video on the internet, but as long as the free videos on YouTube are there to discourage people from paying for, well, the paid videos on YouTube, I just can't see this taking off.