Source: YouTube to fund more than 40 original shows and movies in the next year, is in talks to produce shows budgeted at $3M-$6M per hour for Red (Bloomberg)


Bloomberg:

Source: YouTube to fund more than 40 original shows and movies in the next year, is in talks to produce shows budgeted at $3M-$6M per hour for Red  —  Online service sees opportunity to lure big national sponsors  —  Paid Red service gets budgets matching HBO, Showtime programs

Source: http://www.techmeme.com

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