8 October 2012
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New York Times
Google, which owns YouTube, is stepping up YouTube’s strategy, started a year ago, to lure television viewers and
advertisers by helping to produce high-quality videos that cater to
niche interests. It plans to announce that it is adding more than 50 original channels to
the 100 it has introduced in the last year and expanding original
channels to France, Germany and Britain. As part of the new effort, Google is investing a fresh USD 200 million in
the channels — on top of the USD 100 million it invested last year — to
market the shows, pay for production equipment and, in some cases, pay
the full production costs. The new channels, which will carry advertising and be available free,
include producers with major media experience.
The top 25 original channels average more than a million views a week,
according to the company, and in the year since original channels were
introduced, people have increased the hours they spend watching YouTube
each month to four billion from three billion.
In addition to financing production, YouTube sells ads for the video
producers. It takes its initial investment out of the ad revenue.
Video producers say that in addition to financial support, YouTube
offers a way to bypass television’s frustratingly slow production
schedule. Another contrast with traditional television is that it is much easier
for video creators to get a start and gain a following. YouTube says
that minorities who have historically been underserved by network
television, for instance, have popular channels on the site.
Original source