YouTube targets TV and movies for $9.99 streaming service
Alphabet Inc.’s YouTube is aiming to get rights for streaming TV series and movies for its $9.99-a-month subscription service as it tries to step up competition against rivals such as Netflix and Amazon, WSJ.com reported, citing sources.
YouTube execs have met with Hollywood studios and other production companies in recent months to consider pitches and negotiate licenses for new content, according to the report.
It’s not clear which TV series or movies the company is targeting, but it wants to have a strong collection of original programing and licensed programing in 2016 and beyond.
Former programing chief of MTV Susanne Daniels and Kelly Merryman, a former Netflix content exec, are involved in the talks, the newspaper said.