The company has heavily promoted its live TV service over that past few months, as cord cutting becomes increasingly popular. YouTube is set to cancel much of the original content it has been developing for its Premium subscription service . The company , which recently announced plans to offer its entire library of content for free , will cancel the sci - fi thriller Origin and the comedy series Overthinking with Kat & Kim as part of the deal . YouTube said in response to reports of the cancellations that it was " developing new series and formats that will appeal to a global audience through a new ad - supported model " .
YouTube is set to cancel much of the original content it has been developing for its Premium subscription service . The company , which recently announced plans to offer its entire library of content for free , will cancel the sci - fi thriller Origin and the comedy series Overthinking with Kat & Kim as part of the deal . YouTube said in response to reports of the cancellations that it was " developing new series and formats that will appeal to a global audience through a new ad - supported model " .