YOUTUBE VS. NETFLIX

YouTube intends to acquire the distribution rights for audiovisual content to offer a paid catalog of exclusive movies and series, according to a report by The Wall Street Journal

YouTube vs. Netflix
STREAMING AND TELEPHONY

Jueves, 03 de Diciembre de 2015

Estimated reading time: 2 min.

YouTube has immense potential. More than 72 hours of video are uploaded every minute. It is the platform that reigns in the world of audiovisual content, but despite being a benchmark in the sector, it is looking for a turning point that places it in another status. And streaming technology, which has already been explored, can serve as a basis for building a new concept.

As revealed by The Wall Street Journal, which cites internal reports from the American company, the subsidiary platform of Alphabet (formerly Google) is working to launch a third-party television and movie streaming service in 2016.

Given these circumstances, YouTube would be at the level of other platforms such as Netflix, Hulu or Wuaki.

To achieve this, YouTube will try to secure the distribution rights of the content. audiovisuals. The objective is to achieve the acquisition of a catalog of exclusive titles that differentiates it from its rivals. "It is focused on new material," say sources from The Wall Street Journal.

In any case, YouTube has been trying to gain a foothold in paid-for-content services for some time. Recently, it announced the arrival of YouTube Red, a premium service to eliminate advertising insertions. Increasingly, the company is willing to delve into this subscription model. For this reason, these available contents would be offered in this service, whose subscription is $9.99 per month.

"The programs or movies can be heard exclusively on YouTube Red or could be distributed through traditional channels such as movie theaters, cable television or DVD versions," company sources assure.

Updated on: 03/12/2015 00:00:00

Source of Information: ABC Tecnología

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