YouTube (GOOG) will invest in 60 more professional channels, with an eye towards adding British,...


YouTube (GOOG) will invest in 60 more professional channels, with an eye towards adding British, French, and German content. The online video kingpin has already invested hundreds of millions in its channels, and claims 25 of them now average over 1M views/week. Exec Robert Kyncl declares the investments to be "gear three" for YouTube, and says a "gear four" that will yield better revenue predictability for partners is on the way - he might be talking about a subscription service. (ad rates)

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