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YouTube Bows Out of Hollywood Arms Race With Netflix and Amazon

  • Google video unit is said to cancel plans for high-end series
  • Executive Susanne Daniels is said to be looking to move on
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YouTube Bows Out of Hollywood Arms Race

YouTube has canceled plans for high-end dramas and comedies, people with knowledge of the matter said, a pullback from its grand ambitions for a paid service with Hollywood-quality shows.

The Google-owned business has stopped accepting pitches for expensive scripted shows, said the people, who asked not to be identified because the decision hasn’t been announced. The axed programs include the sci-fi drama “Origin’’ and the comedy “Overthinking with Kat & June,’’ prompting their producers to seek new homes for the shows, the people said.