YouTube Launches Feature Movie, TV Episode Section
(ChattahBox) Ã¢â‚¬â€ In a bid to challenge Hulu in the online video space, YouTube on Thursday unveiled an agreement with major Hollywood studios who have not been friends in the past, including Sony, CBS, and Metro-Goldwyn-Mayer, to show their movies and TV shows on a new section of the online video site. Hulu, a joint venture of NBC Universal and the News Corporation is perceived by YouTube to be a competitive threat, featuring NBC and Fox TV shows among others.
Other studios that have agreed to show entertainment on YouTube include Walt Disney and independent film studio Lions Gate Entertainment and Liberty Media.
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