YouTube, Disney close to deal: WSJ

March 30, 2009
YouTube webpage. Google-owned YouTube and Walt Disney Co. are close to finalizing a deal to distribute videos from Disney properties on the video-sharing website, The Wall Street Journal online reported.

Google-owned YouTube and Walt Disney Co. are close to finalizing a deal to distribute videos from Disney properties on the video-sharing website, The Wall Street Journal online reported on Monday.

The newspaper, citing "people familiar with the matter," said the agreement would involve Disney putting some clips, including sports content from ESPN, on and sharing .

It said Disney would gain the right to sell advertisements against its content and then share that revenue with YouTube.

The Disney-YouTube agreement, which the newspaper said was "still in flux, is not expected to include full-length episodes of hit television shows, which Disney distributes on ABC.com, the Journal said.

It also said Disney was talking separately to video-sharing site Hulu about putting full episodes of ABC programs on its service. The deal would involve Disney taking up an equity stake in Hulu.

Hulu currently has four stakeholders: NBC Universal, News Corp., Providence Equity Partners and the Hulu employees.

purchased YouTube in 2006 for 1.65 billion dollars and has been searching for ways to translate its immense popularity into a money-making venture.

(c) 2009 AFP

Explore further: Starz Sues Disney TV Arm Over iTunes Deal

Related Stories

Hulu.com lets you legally watch premium video content

February 27, 2009

Most of us don't watch television the way we did just a few short years ago. Back then, we had to watch TV shows when they were aired, a slave to the broadcasting schedule whim of the networks.

YouTube blocks premium music videos in Britain

March 9, 2009

YouTube on Monday said it is blocking certain copyrighted music videos in Britain until it overcomes an impasse in a licensing deal with the Performing Rights Society for Music (PRS).

Recommended for you

Apple issues update after cyber weapon captured

August 26, 2016

Apple iPhone owners on Friday were urged to install a quickly released security update after a sophisticated attack on an Emirati dissident exposed vulnerabilities targeted by cyber arms dealers.

Auto, aerospace industries warm to 3D printing

August 25, 2016

New 3D printing technology unveiled this week sharply increases the size of objects that can be produced, offering new possibilities to remake manufacturing in the auto, aerospace and other major industries.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.