YouTube Bows Out of Hollywood Arms Race With Netflix and Amazon
Website pages from YouTube.com are displayed on computer monitors in London, U.K. (Photographer: Chris Ratcliffe/Bloomberg)

YouTube Bows Out of Hollywood Arms Race With Netflix and Amazon

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(Bloomberg) -- YouTube has canceled plans for high-end dramas and comedies, people with knowledge of the matter said, a pullback from its grand ambitions for a paid service with Hollywood-quality s...
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