Thursday, August 1, 2013

Failure, sellouts and overseas expansion: five predictions for YouTube's biggest networks

By Lucas Shaw NEW YORK (TheWrap.com) - YouTube celebrities and online video executives gathering at the fourth annual VidCon this weekend have money problems that didn't exist before - they have more of it. Maker Studios raised $36 million in December. Fullscreen raised at least $30 million in April. Phil DeFranco sold his channels to Revision3 and Discovery for an undisclosed amount in May. And, most notably, DreamWorks Animation purchased AwesomenessTV for $33 million in a deal that should be worth $95 million before all is said and done. ...



via TV News Headlines - Yahoo! News http://news.yahoo.com/failure-sellouts-overseas-expansion-five-predictions-youtubes-biggest-004512271.html

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