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Oct. 15, 2011 / 10:18 AM

Report: YouTube signs video content deals

HOLLYWOOD, Oct. 15 (UPI) -- YouTube will soon announce it has lined up content deals for about two dozen television-style entertainment channels, sources told The Hollywood Reporter.

The channels are set to debut next year and will provide users with original shows from Warner Bros., BermanBraun, FremantleMedia and ShineReveille.

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An announcement is expected within a month, sources told the newspaper.

The project will cost Google as much as $150 million and is part of a drive to beef up YouTube's premium content offerings. The project is separate from YouTube's streaming of movies and TV reruns.

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