Growth of west side start-ups engaged in producing video content for the web, is fueling absorption of office space, housing, and retail. Numerous video web content companies have sprouted from Silicon Beach to Hollywood, through Playa Vista and Culver City. The successful monetization of this industry will determine whether this burgeoning field continues to grow. So far, You Tube has experienced some initial success of selling ads on its You Tube channel. Now it starts experimenting with charging for premium channels. For those in Westside Real Estate–let’s keep our fingers crossed. You can read more about this below.
YouTube begins paid subscription pilot | Internet & Media – CNET News.