YouTube PR's own financial crises
YouTube announced a new channel called "Your Money" yesterday, describing it as place to "learn more about borrowing, investing, and saving, along with Financial News and Analysis." YouTube said the channel would feature content from Bloomberg, Reuters, Wall Street Journal. But now YouTube Your Money is gone. So is the blog post announcing its arrival. A Twitter message from YouTube PR, a Google search result and a logo screen-captured by Epicenter remain and are copied below. I have two theories on why this happened.Since Wired links to Bloomberg News as the source of its information, one possibility is that Bloomberg published a story about the new channel before they were supposed to. That kind of thing seems to happen a lot at Bloomberg these days. Seeing the article, YouTube PR panicked and pushed out a blog post that triggered a Twitter message. Then Bloomberg pulled its story and YouTube PR followed suit. Update: In an updated post, Wired now calls the link to Bloomberg their own "big goof." Another possibility: Bank of America, named as a channel partner, pulled its support from the project because it either doesn't have cash to throw at experimental sponsorships or would prefer to keep a low brand profile while weathering the current financial crises.