What fortune lies ahead for YouTube?

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I have officially become addicted. I can't go through a day without going to YouTube and checking out the latest videos.

This popular website that has allowed millions of users to broadcast themselves is being threatened.

Warner Music is waging a legal and business warfare on the popular website, YouTube. YouTube allows video-sharing and there has been an uproar about it giving free access to its millions of users to songs and videos. Most of theses songs and videos belong to record labels.

If YouTube were smart and would learn a thing or two from the past, they would realize that they could be dealing with the big dogs. We all can remember how record label companies sued Napster. The same outcome will happen to YouTube unless something is done.

There is talk that YouTube is in the midst of a deal between the company and Warner Music. This would allow Warner Music to have control over the content and would also mean dividing the revenue that YouTube plans to make from advertisement.

With all of these legal battles and mergers, it is hard to see where the future of YouTube is headed. Will it become the money making website that people thought it would become? Will YouTube users be able to use this website to broadcast themselves, or will more limitations be put on the website?

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This page contains a single entry by published on October 20, 2006 8:50 AM.

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