New media bypassing TV channels, book publishers

October 18, 2011

YouTube has been striking deals with several content providers (such as Warner Bros., BermanBraun, FremantleMedia and Shine Group) to add about two dozen channels offering original shows, with TV-style entertainment and news, says Hollywood Reporter. Sources indicated Google would spend as much as $150 million on the effort.

Meanwhile, Amazon is signing up new authors, bypassing book publishers and agents, says The New York Times.  Amazon will publish 122 books this fall in both physical and e-book form, and has signed its first deal with the self-help author Tim Ferriss.