YouTube is actively maturing into a legitimate threat to film and TV studios and shows no signs of slowing down. Much better production quality & long-form storytelling will come out of YouTube.: As YouTube usage grows in developing markets, multi-channel networks (MCNs) will aggregate channels there. Major media organizations will apply their skills in integrating productive assets while divesting less-productive assets to MCNs.

http://techcrunch.com/2014/12/23/why-hearst-disney-and-bertelsmann-are-betting-big-on-youtube-networks-and-whats-next/