YouTube's long-expected channels initiative, which the Google-owned video site finally unveiled late Friday, is no immediate threat to entertainment companies, but it could grab some advertising dollars traditionally focused on TV and position Google as a competitor over time, Barclays Capital analyst Anthony DiClemente said in a report on Tuesday.
Source: http://feedproxy.google.com/~r/thr/news/~3/R9BPr-5oIUA/youtube-channels-no-immediate-threat-255841
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