TweakTown
Tech content trusted by users in North America and around the world
6,206 Reviews & Articles | 40,144 News Posts
TRENDING NOW: GTA V will have 'just for PC' features, including a video editor

YouTube in talks to fund premium Hollywood content

YouTube said to be in talks with Hollywood and independent producers to find a series of programs for its site (NASDAQ:GOOGL)

| Business, Financial & Legal News | Posted: Jul 14, 2014 4:00 pm

YouTube has made no secret that it wants more premium content on its website for viewers to enjoy. For YouTube more premium content means more viewers and more ad revenue as major brands are less likely to advertise on poor quality homemade video.

 

TweakTown image news/3/9/39059_7_youtube_in_talks_to_fund_premium_hollywood_content.jpg

 

YouTube is tipped to be in talks with independent and Hollywood producers to fund new premium content according to two sources claiming to be familiar with these negotiations. YouTube execs have reportedly been making the rounds over the last few months to explore what sort of content could be offered on the network.

 

It's unclear at this time how the program for premium content would be structured. One source claims that YouTube might offer between $1 million and $3 million to producers for a series of programs and might contribute marketing funds as well. Another source says that the deal is for videos shorter than 30 minutes and of network TV quality.

NEWS SOURCES:Reuters.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases