[Financial Times reports Google's YouTube is talking to Hollywood studios in efforts to launch a global pay-per-view video service by the end of the year. ]

(Financial Times) -- "Google’s YouTube video site is in negotiations with Hollywood’s leading movie studios to launch a global pay-per-view video service by the end of 2010, putting it head-to-head with Apple in the race to dominate the digital distribution of film and television content."

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