An Interest In:
Web News this Week
- April 20, 2024
- April 19, 2024
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
YouTube advances cash for 60 more original channels in Europe and the US
Google pulls in nearly $2 billion a year in YouTube advertising revenue, but that's still a drop in the bucket compared to the $60 billion earned by broadcast networks. To rely less on viral cat videos or "Gangnam Style" breakouts, the company has announced that it's advanced funds to content producers like Jamie Oliver and Michael Cera to create 60 new original channels in France, the UK, Germany and the US. That's in addition to the 100 channels it already created last year, and Mountain View also said it would take that original launch up a notch in 2013 by providing even more funds to the most successful efforts by artists like Jay Z and Amy Poehler. The company didn't say exactly how much cash would be raining down to all those channels stateside or abroad, but considering the amount it recently spent just marketing them, you may want to pull the trigger on that new cinema camera, after all.
Filed under: Home Entertainment, Internet, HD
YouTube advances cash for 60 more original channels in Europe and the US originally appeared on Engadget on Mon, 08 Oct 2012 01:33:00 EDT. Please see our terms for use of feeds.
Permalink | ||CommentsOriginal Link: http://www.engadget.com/2012/10/08/youtube-60-more-original-channels-US-Europe/
Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget