Media
Some indicate that an announcement will be made to coincide with Google chief executive Eric Schmidt's visit to the World Economic Forum tomorrow.
A BBC spokeswoman said: "there is no deal and we are not commenting on market speculation."
BBC Worldwide is could be looking at commercial options for the agreement, such as a share on advertising that will run alongside BBC content.
NBC, CBS and other US networks have already launched their own branded YouTube channels, with CBS adding another 200,000 extra viewers for The Late Show with David Letterman from its broadcast on YouTube.
Last July, Google launched country-specific versions of Google Video in Europe, with content partners including ITN, IMG, History-Channel owner A&E and Buena Visa International Europe.
NBC Universal and 20th Century Fox are also believed to be in discussions with YouTube, to allow their film content available on the site.
More: Media, Broadcasting
TV Ratings
Big Fat Gypsy Weddings takes nearly 4mThe return of Big Fat Gypsy Weddings draws more than 4.8 million viewers.
Tube Talk
Ultimate 'Simpsons' countdown (20-16)We reveal the results of our Ultimate Simpsons episode countdown.
US TV Ratings
Grammy Awards most-watched since 1984The 54th Grammy Awards is seen by over 40 million viewers for the CBS network.
TV Interviews
'Upstairs Downstairs' Neil Jackson Q&ANeil Jackson chats to Digital Spy about Upstairs Downstairs series two.
