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Tu_triky wrote:YouTube cuts deals with CBS, Universal Music Group, Sony BMG

LOS ANGELES -- YouTube Inc. announced deals to license content from two major record companies just hours before the wildly popular video Web site agreed to be bought by Google Inc.

YouTube reached deals on Monday with Vivendi's Universal Music Group and Sony BMG Music Entertainment that will let the Web site post music videos and content from users that includes copyrighted material in exchange for sharing ad revenue.

"YouTube is committed to balancing the needs of the fan community with those of copyright holders," said Chad Hurley, chief executive of YouTube.

Meanwhile, Warner Music Group Corp. and Sony BMG announced separate licensing agreements with Google, which now operates its own video-sharing site called Google Video.

Financial details of the deals were not disclosed.

The dealmaking reflects how the growth of online, user-created video has emerged as a potential source of revenue for the sagging recording industry.

"The enormous popularity of these video sites made it clear that a large number of people absolutely love these sites, and so connecting artists with their fans using this viral video platform is incredibly important to us," said Thomas Hesse, Sony BMG's president of global digital business.

YouTube had been under pressure to avoid a copyright infringement fight with the entertainment industry while negotiating with Google.

"The cloud that was hanging over YouTube was really the cloud of piracy charges," said Rob Enderle, an analyst for the Enderle Group. "Having these licensing deals at least lowers substantially the downside risk."

Last month, Universal Music Group CEO Doug Morris accused YouTube of violating copyright laws and suggested the company owed the record label millions of dollars.

The concerns about YouTube appeared to be resolved by the new deal.

"YouTube is providing a new and exciting opportunity for music lovers around the world to interact with our content, while at the same time recognizing the intrinsic value of the content that is so important to the user experience," Morris said.

Universal artists include U2, The Killers and Black Eyed Peas. Sony BMG is home to artists such as Bruce Springsteen, Justin Timberlake and Jennifer Lopez.

Under the agreements, YouTube also must develop technology to identify copyrighted content in videos so the labels can filter out material they don't want on the site.

In a separate deal with YouTube, CBS Corp. will provide short-form video content for a CBS "brand channel" that includes news, sports and prime-time network programming.

YouTube and CBS will share revenue from advertising sponsorships of the content.

"We're now able to offer select entertainment, news and sports programming to a new significant audience, get paid for it, and learn a few things along the way," said Leslie Moonves, president and chief executive of CBS.

The deals involving Google let the Web giant stream music videos on Google Video while providing Warner and Sony BMG with revenue from online advertising. Google can also sell select Warner music videos for downloading for $1.99 each.

Google also must also provide technology for the record labels to identify and remove copyrighted material from the Web.

Shares of Google rose $8.50, or 2 percent, to close at $429 on the New York Stock Exchange. Shares of CBS rose 9 cents to $28.56, while shares of Warner Music Group fell 6 cents to $26.77, also on the NYSE. (AP)

October 10, 2006

Wow that is impressive, Youtube was canceling a lot of there videos, and my favorites were gone, i was watching an anime series on youtube and the next time i went to check it they were all gone, i was so mad, so with this new deal with CBS and Google, youtube should be better now.

yeah, the now ad-free Youtube will now have banner ads, google synergy ads, and commercials, and even more stringent copyright enforcement!!!

:woot: :woot: :woot:

Raining JHan wrote:

Wow that is impressive, Youtube was canceling a lot of there videos, and my favorites were gone, i was watching an anime series on youtube and the next time i went to check it they were all gone, i was so mad, so with this new deal with CBS and Google, youtube should be better now.

it won't necessarily be better...it might actually cost you to start viewing certain content.

HEY!

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http://dsc.discovery.com/convergence/atlas/atlas.html

The two dudes who created Youtube are so fortunate! I mean, Youtube is only... what... two years old? And they've made billions.

But I think Tu-san hit the mark. I have the feeling it won't be as "fan-friendly" (in terms of free stuff) as it is now (or was).

they should be getting roughtly $550 million in Google stock each... since about 30% of Youtube is owned by Sequoia Capital

krim wrote:they should be getting roughtly $550 million in Google stock each... since about 30% of Youtube is owned by Sequoia Capital

Dang, yo. Totally stripped me of all motivation to work now.

Wynter wrote:

Dang, yo. Totally stripped me of all motivation to work now.

The new business model is to create something that another company will want to buy. Not to create a huge company that'll last for decades, as in Ford, IBM, etc.

krim wrote:

The new business model is to create something that another company will want to buy. Not to create a huge company that'll last for decades, as in Ford, IBM, etc.

And it seems to be the most successful way to go, hence the rise in millionaires and the shift to billionaires.

I never used to understand the whole create n' sell concept, because I always figured you'd make more keeping the company in the long way, but I can see now that isn't always the case.

Wynter wrote:

And it seems to be the most successful way to go, hence the rise in millionaires and the shift to billionaires.

I never used to understand the whole create n' sell concept, because I always figured you'd make more keeping the company in the long way, but I can see now that isn't always the case.

No always.. taking half of the $550 million, you could put that back into a capital investment firm, like Sequoia, and get a better return. This would be true especially if you lack the managerial skills, but have the creative abilities to create another company that can also be bought.

krim wrote:

No always.. taking half of the $550 million, you could put that back into a capital investment firm, like Sequoia, and get a better return. This would be true especially if you lack the managerial skills, but have the creative abilities to create another company that can also be bought.

even in the heyday of the internet boom in the Silicon Valley, acquisition by another company was always a viable exit strategy, aside from going IPO

exactly.

krim wrote:exactly.

same thing happen to those Israeli kids who started ICQ ....got bought by AOL for $287 million in cash.

Tu_triky wrote:


same thing happen to those Israeli kids who started ICQ ....got bought by AOL for $287 million in cash.

my web-based rubber band launcher never did take off. :shamefulcry:

krim wrote:


my web-based rubber band launcher never did take off. :shamefulcry:

my web-based beer delivery system didn't either...all the warehouse employees drank up the product.

Eh, at least y'all get an E for effort. I don't think I have the tact... or patience... to get into that field of work. I'm too much of a masochist to leave my teaching profession.

Wynter wrote:Eh, at least y'all get an E for effort. I don't think I have the tact... or patience... to get into that field of work. I'm too much of a masochist to leave my teaching profession.

do you go to school wearing leather with a cat o' nine tails?

Tu_triky wrote:

do you go to school wearing leather with a cat o' nine tails?

Only until the day I was told BDSM was not appropriate for a highschool setting.

O, that reminds me. I just found out that in my District, I have the ability to hit a student if the situation calls for it. :sweat: :shakehead:

Wynter wrote:

Only until the day I was told BDSM was not appropriate for a highschool setting.

O, that reminds me. I just found out that in my District, I have the ability to hit a student if the situation calls for it. :sweat: :shakehead:

<wynter cranks her hand back for an open-handed b*tchslap>

wynter:"dayem that felt good! who else wants a fresh one? i'm just gettin' warmed up, kids!"

Tu_triky wrote:


<wynter cranks her hand back for an open-handed b*tchslap>

wynter:"dayem that felt good! who else wants a fresh one? i'm just gettin' warmed up, kids!"

I wonder if this would be more satisfying than failing kids.