YouTube reportedly plans to secure rights to new movies and TV shows

YouTube is looking to secure the rights to TV shows and movies to stream on its new YouTube Red subscription service, The Wall Street Journal reports, a move that could allow it to build up a catalog of on-demand video to rival competitors Netflix, Hulu, and Amazon Prime Instant Video. YouTube executives have met with movie studios and production companies in recent months, the WSJ says, as part of early efforts to review pitches and hammer out potential deals for content that could be streamed ...