Thursday, December 16, 2010

YouTube said to seek production company - The Boston Globe

This could be the Nexus of content production – low Google profit potential with high partner-related opportunity costs

YouTube, the video site owned by Google, is in talks to buy Next New Networks, a Web video production company, according to two people briefed on the discussions. The acquisition would be YouTube’s first major foray into original content and would demonstrate how intently it is focused on offering professional videos rather than short clips by amateurs.

YouTube said to seek production company - The Boston Globe

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