YouTube is bankrolling an original series created by Reddit. The new series, Explain Like I'm Five, will be getting three episodes released today, one of which is embedded below. The series comes from the subreddit that features the same name.
For us, it's more about encouraging the Reddit community and bigger community of producers, filmmakers and animators out there to create content, video, web series, shows ... based on Reddit content.
It's an interesting idea that benefits both Reddit and YouTube. YouTube gets to host the content and serve ads and Reddit serves as the source of ideas. We aren't sure if this will prove to be an on-going thing or if Reddit is trying to start the ball rolling and allow others to step up. We'll be sure to report more when we know.