Tag: YouTube

  • YouTube deletes Japanese videos

    YouTube deletes Japanese videos

    MUMBAI: Video content sharing site YouTube has deleted nearly 30,000 files over copyright concerns after being asked to do so by a group representing Japan’s entertainment industry,

    Media reports state that the Japan Society for Rights of Authors, Composers and Publishers found 29,549 video clips such as television shows, music videos and movies posted on YouTube’s site without permission.

    Yotube now shows more than 100 million video clips per day. YouTube’s worldwide audience was 72.1 million by August, up 2.8 million from a year earlier, according to comScore Media Metrix.

  • Google to acquire YouTube for $1.65 billion in stock

    Google to acquire YouTube for $1.65 billion in stock

    MUMBAI: Google Inc. has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through a Web experience, for $1.65 billion in a stock-for-stock transaction. Following the acquisition, YouTube will operate independently to preserve its successful brand and passionate community.

    The acquisition combines one of the largest and fastest growing online video entertainment communities with Google’s expertise in organizing information and creating new models for advertising on the Internet. The combined companies will focus on providing a better, more comprehensive experience for users interested in uploading, watching and sharing videos, and will offer new opportunities for professional content owners to distribute their work to reach a vast new audience, states an official release.

    “The YouTube team has built an exciting and powerful media platform that complements Google’s mission to organize the world’s information and make it universally accessible and useful,” says Google CEO Eric Schmid. “Our companies share similar values; we both always put our users first and are committed to innovating to improve their experience. Together, we are natural partners to offer a compelling media entertainment service to users, content owners and advertisers.”

    “Our community has played a vital role in changing the way that people consume media, creating a new clip culture. By joining forces with Google, we can benefit from its global reach and technology leadership to deliver a more comprehensive entertainment experience for our users and to create new opportunities for our partners,” says YouTube CEO & co-founder Chad Hurley. “I’m confident that with this partnership we’ll have the flexibility and resources needed to pursue our goal of building the next-generation platform for serving media worldwide.”

    When the acquisition is complete, YouTube will retain its distinct brand identity, strengthening and complementing Google’s own fast-growing video business. YouTube will continue to be based in San Bruno, CA, and all YouTube employees will remain with the company. With Google’s technology, advertiser relationships and global reach, YouTube will continue to build on its success as one of the world’s most popular services for video entertainment, the release adds.

    The number of Google shares to be issued in the transaction will be determined based on the 30-day average closing price two trading days prior to the completion of the acquisition. Both companies have approved the transaction, which is subject to customary closing conditions and is expected to close in the fourth quarter of 2006.

  • Al Gore’s Current TV signs deal with BSkyB

    Al Gore’s Current TV signs deal with BSkyB

    MUMBAI: Former US Vice President Al Gore has unveiled plans to launch a UK version of his ‘user generated’ network, Current TV.

    Current has signed an agreement with UK pay TV platform BSkyB to launch a localised version of its viewer-created TV channel in the UK and Ireland.

    The announcement was jointly made by Current chairman Al Gore and BSkyB CEO James Murdoch. The agreement provides Current’s first presence outside the US and marks a step in fulfilling its plans of becoming an international media company, while for BSkyB it represents a first step in a strategy to develop a broader presence in the fast-growing field of user-generated content.

    Current TV is the first TV network created by, for, and with a young adult audience, enlisting its audience as creative partners. To tailor its output to the local audience, Current plans to deliver a channel specifically designed for the British and Irish markets.

    Viewer producers from the UK and Ireland will be able to submit their video segments via Current’s website and, if their work is selected for broadcast, they will also have a chance to have their pieces air on Current’s U.S. network and in other markets into which Current will expand in the future.

    Since its launch in August 2005, Current TV claims to have been a pioneer in the world of user-generated content, with its ‘viewer created content’ or VC2, programming model. Rather than a traditional network with primetime shows and “appointment television,” Current offers short-form, nonfiction programming, called “pods,” which are only a few minutes long and which explore the issues of interest to young adults, including technology, fashion, music and videogames, the environment, relationships, spirituality, politics, finance, and parenting. In the US, approximately 30 per cent of the network’s content is created by viewers.

    The agreement will allow Current TV to reach up to 22 million more viewers in 8.2 million households subscribing to BSkyB’s Sky digital service, equivalent to almost one in three households in the UK and Ireland. Over the past year Current has expanded its US carriage by 70 per cent from 17 million to nearly 30 million homes.

    Gore says, “We are grateful to be working with BSkyB in our first international venture. This is a big step in fulfilling Current’s mission of sparking a global conversation among young adults. Bringing our viewer-created content model to the UK and Ireland will give millions of young viewers the opportunity to not only watch but also to create television programming that is relevant to them. We’re excited about being able to unleash the creativity of young people in the UK and Ireland, enabling them to share their stories with their generational cohort here and around the world.”

    Murdoch says, “Current TV is bringing the web’s sense of empowerment to television for the first time. It has a uniquely collaborative approach to working with viewer producers that stands out among other platforms for user-generated video. As a first step towards Sky’s own moves in this fascinating field, we’re pleased to help give a voice to millions of young people throughout the UK and Ireland.”

    Murdoch incidentally was one of the first to back Mr Gore’s campaign to persuade big business to face up to green issues. He said the partnership with Current TV was the first step towards the broadcaster, which will make it available free to all its 8.2 million subscribers, launching other user-content initiatives.

    Internet networking sites such as MySpace and video sharing services such as YouTube and Google Video have forced broadcasters to learn from them. Political parties have also tried to get in on the act, as with the WebCameron Tory initiative.

  • YouTube in deal with Warner Music

    YouTube in deal with Warner Music

    MUMBAI: In a boost for video sharing site youtube music videos from artists like Madonna, Red Hot Chili Peppers and Sean Paul will be legally available on the site.

    It has signed a deal with Warner Music Group.

    Media reports state that Youtube wil share ad revenue with Warner. A report in The Wall Street Journal further states that YouTube is developing software that automatically identifies copyrighted music and video content uploaded to the site, reported in its online edition. A portion of the revenue from ads placed near the copyrighted material will go to the owner of the copyright. 100 million videos are viewed daily on youtube.

    YouTube co-founder and CEO Chad Hurley.has ben quoted saying that in the future it would explore options for sharing online ad revenue with smaller and amateur creators of videos. “But right now we are building tools for record labels, TV networks and movie studios.”

    Interestingly this announcement of the tie up comes at a time when the world’s largest record company, Universal says that it will go after social sites like Youtube and MySpace for infringing copyright. Universal Music CEO Doug Morris has been quoted in reports saying that he believes that sites like youtube owe firms like Universal tens of millions of dollars.

  • NBC, YouTube in strategic partnership

    NBC, YouTube in strategic partnership

    MUMBAI: US broadcaster NBC and online video destination YouTube have announced a strategic partnership that will combine NBC’s programming with YouTube’s vast audience to enhance the entertainment experience on YouTube while engaging viewers in new ways to promote NBC’s Fall program lineup and other preferred shows over the next year.

    The agreement also includes an integrated, cross-promotional advertising relationship on the YouTube service and significant on-air promotion provided by NBC.

    NBC will create an official NBC Channel on YouTube to house its Fall Preview area with exclusive clips to promote NBC’s The Office. In addition, over the next year, NBC will upload several video presentations and longform promos per week to the NBC Channel on YouTube from primetime and late-night programs like Saturday Night Live, The Office, and The Tonight Show with Jay Leno. YouTube will also promote NBC’s videos throughout the site.

    NBC Universal Television Group chief marketing officer John Miller says, “The YouTube and NBC partnership symbolises what can happen when traditional media companies and new media companies find common ground. YouTube is the perfect online media partner to promote NBC’s marquee entertainment to their audience and explore new and creative ways to harness the power of viral video in a manner that respects copyrights. We applaud YouTube for their continued willingness to work with us to remove any unauthorised NBC content and protect our copyrighted material. We are thrilled to be partnering with this forward-thinking company.”

    YouTube co-founder and CEO Chad Hurley says, “We are delighted to work with NBC on an official basis. Bringing more entertaining and exclusive content to YouTube helps further our goal of providing the best video entertainment experience on the Internet. This partnership provides greater visibility and access to both NBC and YouTube’s audiences, providing both companies with new outlets for growth and opportunity.”

    Additionally, NBC will launch a contest for its comedy The Office where people can submit their own creative 20-second promotional videos to NBC’s YouTube Group (www.youtube.com/theoffice). NBC will publicise the campaign on air regularly during the first three weeks of the contest, encouraging YouTube users to enter. User-generated videos must be compelling and entertaining and create interest for potential viewers to watch “The Office.” Examples can be seen in the NBC YouTube Group.

    The contest runs till 21 July 2006. The winning video will air within the network broadcast of The Office during August. NBC will also offer a ‘how-to’ video featuring writer-producer Bill Lowery, who normally writes and produces all the network’s promos for The Office.

    Miller adds, “We are excited about customising the NBC channel and sharing with our subscribers all the entertaining promotional content we are offering to encourage them to watch our Fall line-up and other programmes. With the contest, we want to have some fun and allow an artistic avenue for fans of The Office. We know they have a lot of great ideas that deserve to be shared and we can’t wait to see what they upload to YouTube.”

    People now watch more than 70 million videos per day on YouTube, and it is the 17th most trafficked Web site in the world.