I wrote last week that I hoped YouTube would be successful in monetising their traffic and building a profitable business.
News that Viacom, parent company of MTV, has asked YouTube to remove 100,000 clips does not bode well. This statement from Viacom and some more detail on the issue is reported on e-consultancy.
“It has become clear that YouTube is unwilling to come to a fair market agreement that would make Viacom content available to YouTube users.”
“Filtering tools promised repeatedly by YouTube and Google have not been put in place, and they continue to host and stream vast amounts of unauthorized video.’