YouTube partner Fullscreen said it has raised money from The Chernin Group, Comcast and WPP. The company didn't say how much money it rounded up or how much ownership it sold in the process.
A debate is playing out online over whether content creators can make enough money on YouTube. On one side, antagonists like Jason Calacanis and Mark Cuban have written that the Google extracts too high a tax on its contributors. Others have defended the site.
Google's YouTube video unit has tripled its mobile advertising sales over the last six months, YouTube Vice President of Sales Lucas Watson told Bloomberg .
Discovery Communications and its Revision3 unit have announced a new online video network called TestTube, with a lineup of 15 new series composed of short episodes and many more series in development.
Time Warner's CNN and BuzzFeed introduced a new online video business called CNN BuzzFeed hosted on YouTube. The move is part of a broader investment by BuzzFeed meant to expand its presence on YouTube.
Google and Microsoft are collaborating on a native YouTube video application optimized for the latter's Windows Phone mobile operating system.
Microsoft has updated its YouTube video application for Windows Phone a week after receiving a cease-and-desist letter from Google demanding the app's removal.
YouTube could bring in $20 billion in sales each year by 2020, analysts at Morgan Stanley wrote in a note to investors this week.
Google has mailed a cease-and-desist letter to Microsoft demanding the removal of a new YouTube video application for Windows Phone introduced last week.
Netflix provided nearly a third of downstream Internet traffic during peak usage hours in North America, according to new Sandvine figures.