 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
San Francisco (AFP) Nov 23, 2010 Google has been gradually adding professional content to YouTube in a bid to attract advertisers and turn a profit with the site it bought for 1.65 billion dollars four years ago. According to the New York Post, Google is now pursuing its biggest deal yet for YouTube -- securing the digital rights to Miramax's archives, which include such films as "Kill Bill," "Pulp Fiction," and "No Country For Old Men." The Post said Google is in talks with Filmyard Holdings, the soon-to-be owner of Miramax. The Walt Disney Co. announced in July that it was selling Miramax for about 660 million dollars to the Filmyard Holdings consortium. The Post said the deal is expected to close by December 10. The News Corp.-owned newspaper said Google may have to do battle with US video rental giant Netflix for the Miramax film library. A Google spokesman told the Post "we're always talking to the studios about different things and Disney remains a valuable YouTube partner. Outside of that, we don't comment on rumor or speculation." Google does not release revenue figures for YouTube, but senior executives at the Mountain View, California-based Internet search and advertising giant have suggested recently that it is near profitability. The New York Times reported in September that YouTube is expected to turn a profit this year on revenue of 450 million dollars.
Share This Article With Planet Earth
Related Links Space Technology News - Applications and Research
Thales announces venture for Chinese in-flight systemsParis (AFP) Nov 16, 2010 French electronics group Thales announced on Tuesday the creation of a joint venture in China to provide an in-flight entertainment system for a Chinese airliner set to compete with Airbus aircraft. The system is for the future Chinese C919 airliner, intended as a competitor to the European Airbus A320 and US Boeing 737 medium-range aircraft. Thales said it had signed a letter of intent ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook
