Youtube just opened production facilities in Hollywood, according to The Wrap. In an effort to expand its role in the content business, YouTube is soft launching its flagship production facility, the YouTube Space Los Angeles, today, a representative for the company told TheWrap (read the rest of the story here: http://www.thewrap.com/media/column-post/youtube-soft-launching-new-los-angeles-studio-hub-66506).
NEWS

YouTube studios open for business
Similar facilities already exist in London
November 28, 2012