Twitch: Subscriber Only Streams feature in beta

Twitch just launched a new feature for streamers that allows them to set their channel to subscriber only mode for viewing.

It is currently in a beta phase, open to partners and affiliates who are eligible. The requirements to have this feature enabled on your account are as follows:

Must broadcasted at least 90 unique days as affiliate or partner.
No Twitch TOS, Community Guideline violations in the same 90 day unique time frame.

Once you have the new feature available, you will see a new option show up on your creator dashboard under 'Stream Information" called audience. This is where you will have the ability to enable subscriber only mode for viewing.

You have to set this option before you start streaming, it will not allow for changing during a active session.

Following are my personal opinions:

PROs for using subscriber only feature

Additional Monetization
Gated content barrier, due note their is a 5 minute preview window
Perk / Loyalty building

CONs for using subscriber only feature

First time viewers maybe turned off by paywall
Embedded streams on external websites will show splash subscriber screen, no preview with out login

Additional:

Subscriber streams have a special tag assigned to them which allows you to see all active streams that are currently in this mode.

Visit the following URL to see this in action:
https://www.twitch.tv/directory/all/tags/c22bdbea-f4f9-40b4-9f01-bd6f702a37f8

Notice: Many gaming companies such as Blizzard, Riot, Valve, CCP / EVE Online, CD Projekt Red and more have specific terms against using their IP behind paywalls. Make sure to review all video policies and obtain correct licensing/permission before using content from others in sub only mode.