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Google buys FameBit to help creators get sponsorship and product placement deals

Google is helping creators earn a living from more than just video ads. The tech giant, which owns video network YouTube, announced Tuesday that it had acquired FameBit, a self-service technology platform to connect creators and advertisers for product placements, paid promotions and sponsorships.  FameBit is Google's first influencer network.  SEE ALSO: YouTubers can now interact with viewers through live text, GIFs, images The acquisition provides Google with a network and technology to service brands and creators, a move the company said in a blog post would bring "even more revenue into the online video community.
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