Thursday, December 3, 2015

YouTube negotiates rights of series and movies – The Economist

YouTube is looking for rights to broadcast films and television series for its subscription service.

YouTube is looking for rights to broadcast films and series TV subscription service for US $ 9.99 monthly, in its attempt to compete against Netflix Inc and Amazon.com Inc, released the Wall Street Journal, citing people familiar with the matter.

The Journal reported that Company executives have met with Hollywood studios and other producers in recent months to consider and negotiate licenses to launch new content.

NOTICE: AP and British Movietone carry their news files to YouTube

YouTube, owned by Alphabet Inc, it is eager to secure these rights and is concentrating on new material. However, it is unclear what TV shows and movies are under negotiation, the business daily said.

YouTube is still deciding how to license content, but want to have a strong catalog of licensed and original programming from 2016, the paper said citing a person familiar with the matter

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The company is using the relationships existing Google Play with movie studios and other owners of premium video content to negotiate agreements instantaneous transmission, according to the Journal.

YouTube was not immediately available for comment outside regular business hours in the United States.

ERP

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