YouTube advances money for 60 extra unique channels in Europe and the US
Google pulls in almost $2 billion a yr in YouTube promoting income, however that is nonetheless a drop within the bucket in comparison with the $60 billion earned by broadcast networks. To rely much less on viral cat movies or “Gangnam Type” breakouts, the corporate has introduced that it is superior funds to content material producers like Jamie Oliver and Michael Cera to create 60 new unique channels in France, the UK, Germany and the US. That is along with the one hundred channels it already created final yr, and Mountain View additionally stated it will take that unique launch up a notch in 2013 by offering much more funds to probably the most profitable efforts by artists like Jay Z and Amy Poehler. The corporate did not say precisely how a lot money can be raining right down to all these channels stateside or overseas, however contemplating the quantity it just lately spent simply advertising them, you could need to pull the set off on that new cinema digital camera, in any case.