Thursday, April 7, 2011

YouTube To Spend $100 Million On 20 Original Content Channels

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It seems that Google has some new plans for the worlds most popular video service, YouTube, and the company intends to spend $100 million to create 20 new YouTube channels that will deliver original content to YouTube users.

According to a recent report by the WSJ, Google is intending to revamp YouTube with 20 new channels that will deliver 5 to 10 hours of original content each week.

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