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YouTube, Google Called TV ‘Parasites’

Sep 16, 2008  •  Post A Comment

Michael Grade, chairman of the U.K.’s ITV, claims that YouTube and Google are “parasites” that reap the benefits of TV content created by other companies, the Hollywood Reporter says. Grade, who spoke at the IBC tech conference in Amsterdam, believes that online media companies will not pose a challenge to traditional TV production until they make the same kinds of billion-dollar investments, the trade says.
—Sergio Ibarra

One Comment

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