As digital natives turn away from traditional media, industry giants are throwing money at YouTube to foster and exploit the talent that grows there.
A look back at the iconic Miracle on Hudson Twitter photo. Video-based social network Viddy is sold for less than $20 million. These stories, and more, in today’s Morning Social Media Newsfeed.
One of YouTube’s greatest achievements is getting artists to participate in a dialogue with one another through video parodies and cover songs. YouTube network Fullscreen and Maker Studios have each struck profit-sharing agreements with Universal Music Publishing Group that will benefit both the songwriters and the artists who cover them.
YouTube and Google TV held a hackaton in Los Angeles to encourage developers to build on their platforms. Read on for Google’s pitch to developers and the apps that won.