YouTube would have canceled the original series and dropped premium content

According to sources that have spoken, YouTube has canceled two of its largest original series and does not accept pitching for new scripted shows. Bloomberg. The science fiction series Origin and Thinking with Kat & June both would have been canceled and YouTube no longer plans to compete with Netflix, Amazon Prime and, soon, Apple with original programming.

The news comes as Apple prepares to create its own original content with the expected launch of a new TV streaming service. Apple plans to spend up to $ 2 billion on original content this year from well-known Hollywood personalities such as Oprah Winfrey and Chris Evans. Initially, the service should rely more on third-party broadcasts of channels such as HBO, Showtime and Starz, as Apple creates its own original programming.

At one point, Google had very different plans for its streaming service, which, he hoped, would offer original content exclusively to paying subscribers. However, at the end of last year, reports revealed that the company would turn away from subscriptions to focus on sponsorship and advertising support for its future shows.

YouTube Premium (originally called YouTube Red) should continue to be available, but the focus will be on music rather than on premium original content. In addition to including music-centric features such as background reading, YouTube has also commissioned programming on emerging music artists. Although the original video content continues, it will be increasingly produced in collaboration with YouTube creators rather than Hollywood stars and studios.