Corporate-free daily online political news commentators The Young Turks are on fire.

The indie news show led by former MSNBC host Cenk Uygur broke 500 million view on YouTube. They have  a deal with Revision 3. They’re even getting a daily TV show on CurrentTV.

Now YouTube has tapped The Young Turks for its Original Channels initiative announced yesterday. YouTube has committed $100 million dollars to elevate premium content on the platform. The Young Turks‘ new channel, Town Square, is a new political news and commentary channel run without any corporate media influence or bias.

Cenk Uygur gave Tubefilter his perspective on this new project:

We’re really excited to be part of the 100 new channels YouTube has funded. We’re in great company. The Young Turks has been dominating the news commentary space on YouTube and online for a long time now. So, it made perfect sense for us to a bring forward a new channel focused solely on political and current events commentary. Politics is our bread and butter. No one does it bigger or better.

The new channel is Town Square and before the 2012 election it will have several different political shows on it. Our first show on Town Square will be The Point. The Point is perfect for the online viewing experience because it will have short videos sent in by news makers, celebrities and analysts. Then a panel of experts will discuss the point made by the newsmaker. It’s a show that will allow you to hear from many different perspectives and let you go as deep into a topic as you would like. It’s where people come to make their point in the town square.

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