BBC 'partners' with YouTube

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LONDON:

The BBC announced Wednesday a landmark new deal with American video platform YouTube which it said will showcase "the best homegrown storytelling and news from across" the British broadcaster's output.

The "strategic partnership" will see the BBC "expand" its activities on the video streaming platform, including producing tailor-made content targeting YouTube's younger audiences, a BBC statement said.

The new content will include adverts when viewed from outside of the UK, a BBC report on the deal said.

This could provide welcome extra funds for the cash-strapped corporation at a time when its future funding model is under scrutiny and it is facing a $10-billion lawsuit brought by President Donald Trump.

The BBC statement does not mention the financial details of the deal with the video streaming giant owned by Alphabet (Google).

The broadcaster is largely funded by an annual £174.50 pound ($234) annual license fee mandatory for anyone in Britain who watches television.

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