YouTube wants Web show maker Next New Networks: report

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YouTube wants Web show maker Next New Networks: report

Post by NewsOnline on Thu Dec 16, 2010 3:41 pm

YouTube wants Web show maker Next New Networks: report

(Reuters) - Google Inc's YouTube is in talks to buy Web show maker Next New Networks in what would be the video sharing site's first foray into content production, the New York Times reported on Wednesday.

The proposed price has not been disclosed, according to the New York Times, which cited two people briefed on the discussions.

Buying Next New Networks would make sense for YouTube, said ThinkEquity analyst Aaron Kessler, especially because YouTube has run into copyright problems with some professionally produced videos that people have added to the site.

http://www.reuters.com/article/idUSTRE6BE6JS20101215

<a href="http://www.dreamstime.com/youtube-com-main-page-internet-screen-rimage16040886-resi349473"><img src="http://thumbs.dreamstime.com/thumbimg_538/1284417085wOzfOF.jpg" alt="YouTube.com main page internet screen" border="0"></a><br><strong>© Photographer: Ifeelstock | Agency: Dreamstime.com</strong>

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