Youtube seem close to announcing a deal with William Morris Agency, you know the dudes that represent big Hollywood actors, teaming up with them and their actor clients to produce Youtube movies and shorts purely for their online channel.
For a while Techboard been predicting that Youtube and iTunes will ultimately become producers of content as well as distributors. iTunes' toe's in the water with exclusive song deals and iTunes concerts and Youtube now look set for their foray.
If I was a Hollywood studio I'd watch developments closely and be concerned. 'Cos once Youtube crack online video advertising (which they will) - a whole new dawn in movie streaming could unfold. And about time.