YouTube's Copyright Conundrum
My column in today's National Post looks at how copyright is about to become the hot issue within the red-hot video-sharing market. As Mark Cuban recently argued, video-sharing services such as YouTube have thrived on free hosting and unfettered access to lots of unlicensed music and videos. Well, the copyright infringement party is over as illustrated by YouTube's licensing agreement with Warner-Brothers Music earlier this week. So what does this mean for video-sharing services who will have to play by the copyright rules? What does it mean for content owners? Read the column to find out.
Update: The New York Post has a story suggesting YouTube won't sell out unless it gets an offer of at least $1.5-billion - a staggering amount for a company with lots of users but little revenue and a copyright challenge.
