News OTT/Video Streaming

YouTube cancels two original series

YouTube has announced that it has cancelled two of its biggest original series, Origin and Overthinking with Kat & June. The announcement came in response to a report from Bloomberg, which said that the Google-owned company no longer planned to compete with the likes of Netflix or Amazon Prime Video, and is not accepting pitches for new expensive scripted shows.

A YouTube spokesperson denied the report, and said that while the two shows have been cancelled, the service plans continue to produce high-end dramas and comedies and added that it currently has “several scripted projects in development.”

It also confirmed that it plans to develop a new ad-supported model by the end of the year, with a slate of “new and returning hits” due to be announced in the coming weeks.