Sunday, April 19, 2009

YouTube announced deals with 11 partners For Movies

YouTube is a video sharing websit...where users can upload, view and share video clips. Three former PayPal employees created YouTube in February 2005.[2] In November 2006, YouTube, LLC was bought by Google Inc. for US$1.65 billion, and is now operated as a subsidiary of Google.

Google Inc's YouTube said on Thursday it has reached a deal to post Sony Corp films and TV shows and was talking with other big studios to ramp up content and attract more advertising dollars.

YouTube also announced deals with 11 other partners including the Anime Network, Shout Factory, Telenext Media, Documentary Channel and First Look Studios, bolstering its licensed content offerings from dozens of movies and hundreds of TV episodes to 700 movies and thousands of TV episodes.

YouTube also recently announced a partnership with Walt Disney Co to get shortform excerpts of content from ABC and ESPN, reflecting its aggressive efforts to thaw a chilly relationship with Hollywood, which had criticized it in the past for posting unauthorized content.

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