The world widely acknowledged Internet giant, Google, which belongs to the U.S. has now announced it’s planned a major make over to its video sharing website, YouTube. The Wall Street Journal reported this Thursday that YouTube was planning a full scale revolution, as it works on produce "channels" which will be rivals to the ordinary broadcast and cable TV.

The Wall Street Journal announced that YouTube hopes to release this newer version of the world’s most favorite website with phased implementation over time, beginning hopefully in the last months of this year. YouTube has apparently started hiring useful people who will help put into practice the initiatives and the targets they have set. Moreover YouTube has also have had several meetings in these recent weeks with Hollywood talent agencies, which are again in order to have contracts for production deals for the programs which will be aired. Deals and contracts with directors of production companies along with movie stars and other celebrities are seemingly already well under way.
YouTube, has already gained the titled of being the whole world’s third most viewed website. Perhaps now it is taking a step ahead of that and aiming to enhance its audience even more further, while it keeps it eyes on the $70 billion US television advertising market. According to the Executives YouTube, they are looking forward for their massive audience to actually "watch YouTube" just as anyone would rather "watch TV," they told Wall Street Journal.
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