Instead of charging users for monthly service I am considering offering the videos up for free and using advertising from industry companies as revenue. What option is better? Considering releasing free Beta version of site to see how it's received and then deciding about charging later.
You need a way to monetize it. Free websites can get your foot in the door and also give you their information... and there are loads of ways to ETHICALLY make a solid stream of income off that as well.
If you'd like to get my take on it and have me guide you through it step by step, feel free to set up a ten minute call. It will be the best investment you have made for your business-- Forbes and the American Business Awards aren't be wrong about me!