Youtube's original content

Youtube.com, a company by Google Inc. has planned to launch channels with their original contents.
They are working with famous personalities like skateboarder Tony Hawk, and media companies like Warner Bros, BermanBraun, Fermantle Media and Shine Group.

Initially, it was thought that Google will invest some $100 million on this project but now the investment has been increased to $150 million.
This project is to help Google TV i.e. another business strategy  by Google.
Source:
SayPeople