Friday, December 4, 2015

YouTube challenge Netflix and Amazon: seeks agreements to broadcast films and TV series – The Press

YouTube challenge Netflix and Amazon: seeks agreements to broadcast films and TV series

According to the Wall Street Journal the company in recent months have had meetings with Hollywood studios and other manufacturers to obtain the rights

YouTube aims to compete on equal terms with the giants of the TV streaming services like Netflix. According to Wall Street Journal , the company in recent months have had meetings with Hollywood studios and other producers to obtain the rights with which to transmit movies and TV series. The move would serve to broaden the offer of subscription service Red, launched in October, that with $ 9.99 a month allows YouTube users to have video without advertising and streaming music.

To acquire content purely television, two months ago, YouTube has announced it will produce movies and TV series on their own. Same road also from Netflix, Hulu and Amazon.

Next to this, the company which belongs to Alphabet (the new holding which includes Google) would be willing to buy the rights to broadcast content produced by others. Rivals have in our catalog several films and TV series “old”, already passed on other broadcasters.

YouTube instead, according to rumors, would like to get their hands on new productions, to be broadcast is exclusive, is both traditional channels such as film and television. Negotiations are still in the initial phase.

 

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