Home Tech News YouTube reaches out to the podcast industry and offers financing to creators

YouTube reaches out to the podcast industry and offers financing to creators

YouTube reaches out to the podcast industry and offers financing to creators

The podcast are trendy. This is probably the most consumed type of content on streaming platforms along with series.

Yes OK Apple Music and Spotify are the most outstanding services in this market, in the last hours the incorporation of another related competitor has been announced. Youtubethe popular video site owned by Google, has revealed plans to enter the podcast business, but will do it his way.

According to a Bloomberg article, YouTube wants to attract podcasters and podcast networks to be part of its platform to create video versions of different shows.

To achieve this, the site offers financing of USD$50,000 for individual podcasts and from USD$200,000 to USD$300,000 to fund podcast networks.