YouTube (s GOOG) has long talked about wanting to be the future of TV, with millions of channels at your disposal. Turns out, some aspects of that future look very much like today’s television landscape: This weekend, news broke that YouTube is putting millions of additional dollars towards original content. But only 30 to 40 percent of the channels that received advances a year ago will get additional funding. That is very much in line with the success rate of new network television shows.
YouTube invested some $100 million late last year into high-quality original programming from Hollywood celebrities and YouTube talent alike. Some of these shows have been runaway hits, while others have tanked. But the overall success rate is very much like on TV, according to data recently published by Screenrant. The TV blog did the math on the number of new network shows canceled after…
View original post 246 more words