Report: YouTube to offer original content
Google is planning to spend as much as $100 million to develop original content for YouTube as part of a site redesign around channels based on categories, according to a report published in The Wall Street Journal today that cites unnamed people familiar with the matter.
"YouTube is looking to introduce 20 or so 'premium channels' that would feature 5 to 10 hours of professionally-produced original programming a week," while other channels would be created from existing content on the site, one of the unidentified sources said, according to the story.
The changes will happen over time beginning … Read more
