YouTube to launch production office

Google-owned video website YouTube is to launch a new production office in New York next year.

YouTube Space New York’s opening in 2014 will join YouTube production bases in London, LA and Tokyo.

The announcement came during a keynote address at annual online production confab VidCon.

YouTube revealed it would allow any channel with more than 10,000 subscribers to join become a paid-for channel, and any channel with 500 subs could access live streaming apps.

YouTube launched its paid-for professional channels initiative earlier this year, with the likes of The Jim Henson Company, DHX Media and Entertainment Studios among those launching networks.