Last week, Fullscreen, a multichannel network, said it had hired Allen & Co. to explore options for being acquired. The rumor was that it was in negotiations with Time Warner Inc., to head down the same road as Maker Studios, which closed its $500 million acquisition by Walt Disney Co. this week.
Short-form video giant YouTube put its position as the top online video provider into play during its third annual "Brandcast" at Madison Square Garden, as it tried to woo advertisers to spend more on the service. It's banking on a new platform for ad spending called "Google Preferred."
BroadbandTV, the third-largest player in the YouTube-based multichannel network space, signed a deal with FremantleMedia to manage fan-uploaded content related to its TV series, including "American Idol," "The X Factor" and others.
Yahoo, whose music-streaming partnership with Vevo reportedly hasn't been generating much user interest, is taking another shot, announcing a new deal with the service to bring live concert events, original music programming and thousands of Vevo's music videos to Yahoo Screen.
Discovery Communications said Thursday that it recruited YouTube executive Kathleen Grace to run a new digital studio that will be focused on producing series which will be distributed through "a series of partnerships, with the possibility of expanded distribution across Discovery and other partner platforms."
YouTube is reportedly developing a site aimed at kids under 10 years old, with age-appropriate content and free of videos and user comments that parents would prefer their children not be exposed to. The site would be much more expansive than the Google-owned provider's current "safety" filter.
Viacom said Tuesday that it signed an agreement with Google which resolves a $1 billion copyright infringement lawsuit that the media giant filed against YouTube in 2007, the year after it was acquired by Google.
Comcast, DirecTV and other pay TV distributors face new over-the-top video competition from TAPP (TV App), a startup led by former NBCUniversal Television Chairman Jeff Gaspin and former CNN CEO Jonathan Klein.
For the first time since 2011, the number of Netflix viewers passed the number of viewers on Google-owned YouTube, a survey of 1,000 U.S. Internet users by RBC Capital Markets revealed. Hulu Plus trailed well behind the top two services.
Maker Studios, a top-rated YouTube multichannel network, is reportedly in talks with Walt Disney Co. to be acquired in a deal potentially valued between $500 million and $900 million. It would be the largest investment to date in a YouTube-based property by a traditional content provider.