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.

@ShaneMcGlaun
Published Mon, Jul 14 2014 11:00 AM CDT   |   Updated Tue, Nov 3 2020 12:15 PM CST

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.

YouTube in talks to fund premium Hollywood content | TweakTown.com

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 SOURCE:reuters.com

Shane is a long time technology writer who has been writing full time for over a decade. Shane will cover all sorts of news for TweakTown including tech and other topics. When not writing about all things geeky, he can be found at the track teaching noobs how to race cars.

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