Thursday, February 16, 2012

Google Inc. Developing Studios For Youtube Film Makers

Google Inc. (NASDAQ:GOOG) has been investing in studios to help YouTube video
creators. Google Inc. Developing Studios For Youtube Film Makers Google Inc.
(NASDAQ:GOOG) has been setting up studios to provide training for YouTube
partners and video creators to attract big-spending advertisers. The company has
expanded Maker Studios and it will move a studio facility from Next New Networks
to its New York City office. Tom Pickett, YouTube's global head of content
operations and YouTube Next at Google Inc. (NASDAQ:GOOG), said, "Anything we
do is going to be much more contained and targeted, and about engagement rather
than long-term infrastructure. Bringing aspiring YouTube talent into studios is
a logical step. Thats the real opportunity to help them get to the next level in
a hands-on way. Theyre going to have to basically re-create what the TV studios
had to do in the 1950s. They have to come up with content to fill channels".
Google Inc. (NASDAQ:GOOG) shares were at 605.56 at the end of the last days
trading. Theres been a -1.1% change in the stock price over the past 3 months.
Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.23 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.18 Zacks
Rank: 8 out of 28 in the industry

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