YouTube reportedly looking to launch TV, movie streaming service December 3, 2015 - 13:26 AMT PanARMENIAN.Net - YouTube is seeking streaming rights to TV series and movies to bolster its new subscription service, intensifying its rivalry with Netflix Inc., Amazon.com Inc. and Hulu in the competitive market for online video, the Wall Street Journal reports. Executives of YouTube, the Alphabet Inc. unit that is the world’s largest online-video service by viewers, have met with Hollywood studios and other production companies in recent months to consider pitches and negotiate licenses for new content, according to people familiar with the situation. Susanne Daniels, the former programming chief of MTV who joined YouTube in the summer, and Kelly Merryman, a former Netflix content executive who joined YouTube in late 2014, are involved, one of the people said. They report to Robert Kyncl, another Netflix veteran who is now YouTube’s chief business officer, the WSJ says. It isn’t clear what TV series or movies YouTube is pursuing. However, YouTube is eager to secure premium videos because it recently launched a $9.99-a-month subscription service called Red, which offers ad-free videos and streaming music, the people familiar with the situation said. The efforts appear to be at early stages. Executives at one major Hollywood studio said they haven’t talked to YouTube about licensing content. YouTube has been free for viewers and supported by ads since 2007, so it must offer more to persuade people to pay.  Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
