YouTube - Please post video clips and lets share the ad revenue! Sounds good?
The popular video-sharing site YouTube deleted nearly 30,000 files after a Japanese entertainment group complained of copyright infringement.
YouTube's policy is to remove such clips after it receives complaints, though some have suggested that the start-up could eventually be sued, especially with Google about to buy it for $1.65 billion in stock.
YouTube has been negotiating with leading copyright holders and has reached agreement with several letting the Web site post copyright music videos and other content in exchange for sharing ad revenue.
YouTube has licensing deals with the CBS Corporation and three major recording companies — the Warner Music Group, Vivendi's Universal Music Group and Sony BMG Music Entertainment, which is a joint venture between Sony and Bertelsmann.
"What if YouTube can share its ad revenue with every owner of video clip hosted on its site??.Booom that would solve the problem of copyright issues and being sued by corporations/individuals.
Also, wont YouTube be worth 100's of billions then?? Something to think about YouTube"