Verizon Wireless, YouTube ink video content agreement

A new agreement between Verizon Wireless and YouTube means that starting in December, Verizon V CAST subscribers will be able to watch videos uploaded to YouTube. The pact also enables easy uploading of videos shot on subscribers’ cell phones.

V CAST subscribers will be able to watch a limited selection of videos on YouTube, including ones considered the "most popular." V CAST subscriptions require a supported handset and either a $15 per month subscription or the payment of a $3 daily access fee. Currently, Verizon offers short sports, news, weather, and entertainment clips from the major networks over V CAST.

"We are excited to launch our new mobile service and to partner with Verizon Wireless to bring YouTube videos to a new audience," said Steve Chen, cofounder and CTO of YouTube. "This service offers our community and Verizon Wireless subscribers a new opportunity to connect and engage with their favorite videos. We will continue to roll out more exciting partnerships and features for the mobile user over the coming year."

We first reported on the negotiations earlier this month, noting that licensing deals such as this would prove to be an important source of revenues to YouTube.

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