On the surface, it’s been a huge year for Youtube and its string of premium content providers. The website is becoming bigger, and has recently acquired startup Epoxy to help developers and distributors get their work on the site faster and more frequently. In addition to the rise in Youtube developers like Maker Studios and Machinima, new premium channels are popping up left and right — fashion and lifestyle network StyleHaul netted $4.4. million in Series A funding this February, and Demand Media’s newcomer Tastemade plans to do the same for food.
But news companies aren’t clamoring to take part in Youtube. In fact, the video company endured a messy breakup last month with Reuters and Wall Street Journal, pulling millions of dollars in funding and laying off more than a dozen contractors in the process. To put it simply: premium Youtube ventures and news do not mix. Read more