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Google bought a company that helps brands get product placements in YouTube videos (GOOG)

Google announced Tuesday that it bought Famebit, a company that helps brands work with YouTube creators for marketing their products. Famebit is basically a way for companies to get product placement in videos posted by popular YouTube users. Google did not say how much it paid for Famebit, but Famebit will continue to run independently from Google for now, according to the announcement.
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