Today, YouTube announced a premium subscription service that will allow American users to pay a fee — $US10/month — to watch videos without ads.
They have titled it YouTube Red — which may remind people of a certain not-safe-for-work website with a similar name — and they say the service will launch this month across the United States. In addition to stripping out ads, the service will also let people save videos to play offline on their phones. YouTube also says they plan to launch a series of shows that are exclusive to this service, featuring the likes of PewDiePie and other big video stars. (More info here.) Hopefully if it goes well it will make its way to Australia soon.
If you're signing up, please do remember that it's called YouTube Red and not Red Tube. Wouldn't want to get... confused.