YouTube Announces $5 Million Grant Program | WebProNews

YouTube Announces $5 Million Grant Program

YouTube wants to help partners "evolve their art, business"

Friday, July 9, 2010

By Doug Caverly

Let's face it: while there's some fantastic content on YouTube, there's also some stuff that features good writing and acting, but is recorded using a bad cameraphone and a poorly disguised studio apartment.  YouTube intends to address that problem with the new YouTube Partner Grants program.

This initiative will involve YouTube distributing $5 million in grants to certain official partners.  The idea, as explained on the Official YouTube Blog, is that "[t]his additional funding can allow partners to invest in better cameras, achieve higher production quality, expand their marketing efforts, expand their staff, or just hire more talent.  Anything that will help them evolve their art, business, and ultimately the entire creator community."

Read more...
http://www.webpronews.com/topnews/2010/07/09/youtube-announces-5-million-grant-program

Don