YouTube Space to launch in Rio de Janeiro

The video production space will be based in an area undergoing major redevelopment

Google will build one of its video production spaces in Rio de Janeiro, the company has announced.

The facility, dubbed YouTube Space, will be based in Rio's port region, a derelict neighborhood currently undergoing a major facelift ahead of next year's Summer Olympics.

Content producers with more than 2,500 subscribers will be able to use the space for free and get access to equipment and infrastructure to produce audiovisual material.

The site, which will be housed in former warehouses of about 22,000 square feet, will be ready in 2016, but the exact date and the intended investment were not disclosed.

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The city government welcomed the news of the investment, adding that it hopes that the Google-owned venue will boost the development plans - possibly by attracting other similar businesses to the area.

The first YouTube Space launched almost a year agoin São Paulo, as a partnership between Google and Instituto Criar, a Brazilian non-profit organization focused on training young people from disadvantaged backgrounds in technical roles within TV, cinema, and new media.