Thursday, August 17, 2006

Okay Here We Go

Start getting ready to say goodbye to YouTube.

NEW YORK (AFP) - US recording label Warner Music said it was in talks with the phenomenally popular Internet site YouTube to post its artists' song videos online

"I can confirm that we are having discussions with YouTube," Warner Music spokeswoman Amanda Collins said, declining to give any further details.

The Wall Street Journal said that major labels Universal Music, EMI and Warner Music were all exploring "possible arrangements with YouTube".

Britain's EMI is discussing "a variety of different business models" about distributing its music content via the site, the newspaper quoted a spokesman for the London-based company as saying.

California-based YouTube's popularity has exploded in recent months. It now boasts more than 100 million daily views of the home-made videos and archived material that comprise its contents.

But with copyright issues looming large over much of the content, the music industry is grappling with how to protect its material on the Internet, the Wall Street Journal noted.

It will soon just be all advertisements made to look like homemade videos. The same old lame ass music videos and movie trailers.

People it is about time you discovered Usenet or maybe irc because the fun is so over now. And still want to see people shakin they asses. The popularity brings big business. Who in their minds are merley inserting themselves into a well viewed site. But you know it will have to go the big business way in order for them to feel they can make any money from investors.

Different business models could include a pay-per-download system like Apple Computer's iTunes, or a subscription-based service, it said. YouTube is free to use and relies on advertising, but is not believed to be making a profit yet.

And I understand and all I mean their bandwidth usage is like in the terabyte range. Be quick to jump on the stock when it goes public. Then runaway when they start removing user videos. Especially any that rip big business.

No comments: