Unless you’ve been living with that Russian family cut off from human contact since before World War II, you may have noticed that pretty much every video worth a watch on YouTube has an ad in front of it. This, of course, is not an accident. This is a carefully built and highly profitable scheme created by the good people of Google, and one that's been netting top YouTubers annual salaries of well over a hundred grand per year.  

That’s right, that dopey guy with the Justin Beiber haircut is making around four hundred thousand a year for essentially talking into his webcam about nothing. Do yourself a favor and try not to think about what kind of money the Annoying Orange is pulling in—it’s hard enough getting to work on a Monday as it is, and knowing that the world's most abrasive citrus is pulling in more than you are isn’t going to help.

The latest twist from the brain trust at YouTube, the idea of the paid channel, has taken a page from the book of, If it Ain’t Broke, Let’s Try to Break it. When Ad Age broke the story, a collective “WTF?” rang out across cyberspace. 

Remember TV? You know, it’s that thing you watched The Sopranos and Homeland on. And Game of Thrones and Dexter and Girls and Boardwalk Empire... see the pattern here? Well, the gang at YouTube saw the pattern too.

They saw premium cable charging a hefty monthly fee, and they thought about all those millions upon millions of views their popular channels get, and it was only natural to do the math.  Apparently a few billion views at a few dollars a piece is just too much money to pass up. I’m sure they then all did a good round of back patting and buying each other overpriced cocktails at whatever painfully trendy mixology speakeasy bar the YouTube guys go to after work. After all, what could possibly go wrong?

What went wrong is that they overlooked the simple yet all-important precondition of premium cable: the idea of premium itself. The idea that this stuff really is the best of the best, and it’s worth paying extra for.  To put it bluntly, when things you want to watch are awesome (like The Sopranos), when they are so good you’d swear it was a major studio film, when the content is of such exceptionally superior quality that it’s worthy of the word premium—then, and only then, will the audience be happy to pay for it. And premium, on YouTube? So far, it ain’t. To be fair, some of the better content from Machinema and Full Screen is beginning to resemble network television, but let’s all keep in mind the important fact that network tv is free. 

The word is that YouTube partner companies Maker Studios, Machinima, and Fullscreen, who control well over 10,000 YouTube channels between them, will be the first to take the plunge into pay subscription channels. Sure, these young companies have a huge number of channels, and tons upon mind-numbing tons of view counts, but the disconnect between what they offer on YouTube and what premium cable (or, for that matter, Netflix or Hulu Plus) offer  is trying to find similarities between The Hubble Telescope to Kim Kardashian—only the Hubble telescope is undeniably amazing and has contributed immeasurably to the furtherment of science and the whole of mankind, while Kim Kardashian is just stupid.

The idea of premium is the lynchpin around which this entire pay-to-watch endeavor lives or dies. Game of Thrones is a multi-million dollar extravaganza—per episode. Whether or not Lord of the Rings-ish people behaving like sex-obsessed fourteen year olds is your thing, the production value is as undeniable as the gratuitous girl-on-girl action.

Compare that to your average YouTube videos.