Time Warner and YouTube said Wednesday that they have signed an online video distribution deal.
Under the pact, YouTube will distribute Time Warner short-form video content, including movie clips, television shows, and news. Time Warner properties--Warner Bros. and Turner Broadcasting System--will program YouTube videos via an embeddable player.
According to a statement, YouTube will get access to CNN news, the Cartoon Network, and shows such as "Gossip Girl". Time Warner video will appear across Google properties. Time Warner can also create separate channels on YouTube and sell ad time. The two parties will split ad revenue.
Time Warner CEO Jeff Bewkes said the YouTube deal was a good way to monetize short-form content.
The deal appears to be a win-win. YouTube gets more professional content and Time Warner is allowed to sell ads and control channels.
This article was first published as a blog post on ZDNet.
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