Wednesday, December 15, 2010

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YouTube Said to Seek a Producer Of Web Video
SaN FRaNCISCO -- YouTube, the video site owned by Google, is in talks to buy Next New Networks, a Web video production company, according to two people briefed on the discussions. The acquisition would be YouTube's first major foray into producing original content, and demonstrates how intently it is focused on offering professional videos rather than just short clips by amateurs.

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