YouTube Shuts Down Report That It Will No Longer Develop "High-End" Series

Credit: Wochit Business
Published on March 26, 2019 - Duration: 00:47s

YouTube Shuts Down Report That It Will No Longer Develop "High-End" Series

According to Business Insider, YouTube is disputing claims that it will no longer compete with Netflix and Amazon Prime Video.

Bloomberg reported Sunday that sources familiar with the matter said YouTube has canceled its plans to develop "high-end" series and will no longer accept pitches for expensive scripted programming.

On Monday, a YouTube spokesperson said the company disputes Bloomberg's report and that it has a "several scripted projects in development.

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YouTube Shuts Down Report That It Will No Longer Develop "High-End" Series

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28, 2017, FILE PHOTO A MARCH 20, 2018 PHOTO

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