Nearly a year after YouTube sprinkled $100 million across the online video ecosystem to create more than a hundred new “channels,” it’s doubling down.
SAN FRANCISCO — YouTube, the video site owned by Google, formally announced on Monday that it had acquired Next New Networks, a Web video production company, in its biggest effort yet to move beyond short, quirky home videos to professionally produced content.
The website that turned cats on skateboards into global entertainment is looking to Hollywood to help reposition itself as a home for programming of a higher pedigree.
CHICAGO — For many Internet users, YouTube is synonymous with online video. But Mike Michaud and several friends who live in suburban Chicago are trying to change that.
“We need it clean,” the sound man shouted. They shot it yet again, the actors holding back their hysterics until the cameras were off.
Today’s quiz: What company derives 96 percent of its revenue from advertising, has a video platform that is currently negotiating with the National Basketball Association, a movie studio and various celebrities, and is developing a subscription service that would be plug-and-play for publishers and consumers the world over.
SAN FRANCISCO — YouTube, the video site owned by Google, formally announced on Monday that it had acquired Next New Networks