YouTube buys Irish video tech co Green Parrot

Google Inc's online video service YouTube said on Tuesday it has bought video technology company Green Parrot Pictures for an undisclosed sum.

The Dublin, Ireland-based company specializes in providing intellectual licensing and high quality picture manipulation technology. Its video improvement technology has been used in Hollywood movies like "Lord of the Rings," "SpiderMan" and "King Kong," among others.

It was founded in 2004 by Chief Executive Anil Kokaram, an associate professor at Trinity College in Dublin. Kokaram and his team will be moving to California in coming months.

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Google to launch YouTube movie service in UK: Report

Google's YouTube plans to launch an unlimited subscription service for movies, similar to Netflix and Amazon's offering, the New York Post said.

The search giant, which has been talking with Hollywood studios for months, is looking to launch the streaming service first in Europe -- particularly the UK -- before expanding to the United States, the paper said citing executives briefed on the plan.

Google has earmarked $100 mon for content deals with studios and other premium content providers in its plan to expand its offerings.
Disclaimer: All information on this news has been compiled from their respective official websites or through public domain sites and leading newspapers. Although, we have taken reasonable efforts to provide you with accurate information, but we assumes no responsibility for the accuracy (or inaccuracy) of the Information and would advise you to verify it from the official product provider. We cannot guarantee that the information on this page is 100% correct. If you would like to advertise on our site please contact us

YouTube rules the mobile net roost: study

YouTube video-sharing service is the most popular website among smartphone users, accounting for 17 per cent of mobile data traffic, according to a report released Tuesday by network firm Allot Communications.

"As video streaming continues to reign supreme within mobile networks, YouTube continues as the single most significant website for video steaming and sharing, now accounting for 45 per cent of overall mobile video streaming traffic and 17 per cent of total traffic on mobile networks," said Allot Communications.

Last month YouTube said that it was serving up more than 200 million videos daily to smartphones and other Internet-linked mobile devices .

Allot Communication's Global Mobile Broadband Traffic Report for the second half of 2010 found that video streaming extended its lead over other services, accounting for 37 per cent of total traffic.

File sharing represented 30 per cent of traffic, which Allot said indicates many subscribers see mobile Internet as a direct substitute for fixed connectivity.

YouTube Helps South Korean Band Branch Out

Last August, a popular South Korean pop group called Girls' Generation made its first trip to Japan and, to the surprise of its managers, sold out an arena. The secret formula for the debut: a Japanese language song—and some business assistance from YouTube.

Weeks ahead of the concert, the group's recording label, SM Entertainment Inc., placed a video of the Japanese-language song on YouTube and allowed fans to copy and re-post it on any website, driving radio requests and online chatter.

It was part of SM's new online video strategy. Last year, instead of hosting its videos itself, it began distributing video of its acts on Google Inc.'s YouTube and using the service's copyright detection technology to block illegally uploaded video and sell ads against its own authorized clips. Its two biggest competitors in South Korea, YG Entertainment and JYP Productions, and about two dozen smaller labels have done the same thing.

Long used by U.S. media companies, YouTube's video-management features are gaining traction in emerging markets where local content producers are seeking a cheap way to reach overseas audiences and create demand for its artists without having to open offices or partner with labels in other countries. U.S.-based Google and YouTube often aren't the biggest search engine or online video outlet in Asian countries, but they're well known enough that consumers surf them to look for content that's not promoted by local search engines.

The South Korean music industry's embrace of the company is also an attempt to earn money from and gain information about its content that consumers are distributing online. YouTube's three-year-old system for spotting duplicates of protected material, known as Content ID, gives entertainment producers more choices for dealing with consumers sharing their content. A television studio or record label, for instance, can decide to block an illegally uploaded video, monitor how it's used and watched or place advertisements on it, spliting revenue with YouTube.