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Thursday, December 16, 2010

YouTube wants Web watch manufacturer before new networks: report (Reuters) (Yahoo!)

LOS ANGELES (Reuters) - Google Inc., YouTube is in discussions to buy Web show manufacturer before networks new in what would first foray of the video sharing site in the production of content, the New York Times reported Wednesday.

The proposed price was not disclosed, according to the New York Times, cites two people informed discussions.

Buy next new networks would make sense for YouTube, said ThinkEquity, analyst Aaron Kessler, especially because YouTube is heurtée copyright problems with certain products professionally videos that people have added to the site.

"They basically find more content they can monetize, especially if they can produce content themselves", he said. "You don't want to go full bore to become a media company that Google is not, but if you can selectively acquire some properties, it makes sense."

Representatives of YouTube and next new networks based in New York has declined comment.

YouTube has sought to increase its share of content produced professionally as it faces competition from him like Hulu, a joint venture with supporters include media News Corp, a primer for Walt Disney Co. and NBC, controlled by General Electric companies.

Viacom Inc. continued YouTube for 1 billion dollars, accusing the video site for protected videos play online without permission. Earlier this year, a federal judge in New York has launched the pursuit.

Fred Seibert, President and co-founder of new networks before, was a Creative Director at MTV belonging to Viacom, but not when the company continued to YouTube.

Next new networks started in 2007 and is located behind the comedy show barely political Web of the comic strip network online and Frederator Channel.

During the 2008 u.s. presidential election, barely political won millions of views his comedy starring "Obama Girl," a song and dance candidate amateur videos online at the presidential then Barack Obama.

This year, next new networks scored another video online hit with his parody "Bed Intruder Song," which was the top viewed YouTube 2010 page entry.

(Reported by Alex Dobuzinskis) (Editing by Robert MacMillan)

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