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Why everyone suddenly wants a piece of LA's superhot YouTube networks

In the past two months, leading multi-channel networks — most of which are based in LA, the home of video production and creativity — have been at the center of feverish strategic investment and M&A.

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Maker Studios buys Blip. Does YouTube even wince?

The purchase of videocaster Blip.tv by YouTube network Maker Studios – announced this morning – may signal another step in the evolution of Google’s online video giant. That’s because the Time Warner- and venture capital-backed Maker could offer YouTube real competition for some audiences.