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YouTube in talks with studios over streaming rights for shows, movies - WSJ

YouTube unveils their new paid subscription service at the YouTube Space LA in Playa Del Rey, Los AngelesAlphabet Inc's YouTube is aiming to get rights for streaming TV series and movies for its $9.99-a-month subscription service as it tries to step up competition against rivals such as Netflix Inc and Amazon.com Inc, the Wall Street Journal reported, citing people familiar with the matter. The Journal reported that executives of the company have met with Hollywood studios and other production companies in recent months to consider pitches and negotiate licenses for new content. It is however not clear which TV series or movies the company is pursuing, WSJ reported.




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