Google Plans Another Massive Investment in YouTube
Marc Maligalig | | Sep 22, 2014 07:30 AM EDT |
To prevent YouTube users from transferring to other video-sharing websites, Google has taken initiatives to promote the production of high-quality content on the site.
The Menlo Park-based company is gambling millions of dollars that will go into making videos in a wider range of durations and formats. The company is also reportedly hiring Hollywood producers and will partner them with YouTube performers, or YouTubers as they are called, for better movie uploads.
Like Us on Facebook
The move by Google, however, isn't the first time it's planed such a large investment. It had earlier invested US$100 million in an attempt to aid YouTubers create their very own channels on the video-sharing site.
Alex Carloss, head of YouTube original content, wrote in a blog post that it's now the appropriate time to make "another important investment" in the creators. He added that Google decided to finance new material from a few top creators on YouTube, helping YouTubers meet their creative hunger, as well as provide new content to millions of fans on the site.
It's well known, according to Techie News, that there's been an intense rivalry between prominent companies in the video-sharing industry for quite a while now, specifically Facebook. The social media site is allegedly tempting a few of the more notable YouTube stars into picking Facebook to share their content over YouTube.
Meanwhile, the YouTuber with the most subscribers in the world, PewDiePie, has turned off the comments on his videos on YouTube.
Swedish gamer Felix "PweDiePie" Kjellberg, who has over 30 million subscribers on his YouTube channel, previously told YouTube about users spamming his videos and being "trolls," so he took down the option of posting remarks on his videos on YouTube.
He also said that his "bros," the term he calls his fans, that are serious enough to talk to him will be able to reach him on other platforms such as Twitter.
TagsInvestments, YouTube, Youtubers, PewDiePie, video sharing, videos
©2015 Chinatopix All rights reserved. Do not reproduce without permission
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
-
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?