YouTube said to hold TV spending as Netflix, Amazon bulk up – Chron.com

Chron.com
YouTube is hitting the pause button on its Hollywood expansion. As Netflix and Amazon.com pour ever-larger sums into TV and movie production, Google is holding spending at current levels for its YouTube Red streaming service for the next two years
YouTube reportedly plans to spend ‘hundreds of millions’ on Red originalsEngadget
YouTube To Keep Original Productions Budget Flat Over Next Two Years (Report)Tubefilter

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Source:: YouTube News By Google News

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