YouTube Completing Deals To Create Chs.

YouTube is finalizing deals with well-known personalities and major media companies to produce content for a number of planned "channels" featuring professional-quality shows, according to a report in The Wall Street Journal. The Google-owned online video site had dedicated more than $100 million in cash to its effort to position itself for the rise of devices that will allow viewers to watch online content on their televisions. WSJ subscribers can read the full report here.


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