Singer has already served 100 hours of community service.
YouTube Creates Channel for Movies, TV Shows
Video will be hosted by studios, who will retain control, collect traffic and ad revenue and avoid copyright problems.
Slideshow
Pictures from inside and outside the late pop star's Holmby Hills home, including shots of the bedroom where paramedics tried to resuscitate him, a mannequin bartender and a bloody shirt hanging in his closet. See more at RadarOnline.
At the time, YouTube was growing rapidly based on often illegally posted content and viral video.
YouTube has since eliminated much of the pirated content and has been aggressively pursuing a more advertiser-friendly strategy that hinges on premium content of the sort that major Hollywood studios can provide, but jealously protect.
The site doesn’t have many options other than to court Hollywood and play by its rules. A Credit Suisse analysts recently estimated that YouTube would lose close to half a billion dollars in 2009.
Furious growth has created tremendous bandwidth demands, forcing YouTube to spend more on maintaining the site than it takes in.
In 2008, Google CEO Eric Schmidt said that figuring out a business plan for YouTube that would make money is a top priority.
In comments on Thursday, following first-quarter profits reports, Schmidt also speculated that Google might explore micropayment or subscriptions models for YouTube.
Comments
televole Says
I think google should be very careful with the "micropayment or subscription models".games
cae Says
this IS a game changer! viral videos can only go so far... We like silly homemade.. but at the end of the day people still want prof. made show to watch games adventure games
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Ern Says
Great Article.. "Playstation"
dan12 Says
Despite the partnerships and viewership, YouTube remains a money loser for Google. According to Credit Suisse, the site cost Google about $711 million in operating costs, while only bringing in $240 million in ad revenue. interesting facts
Brian Says
People are complaining that they may or may not charge a small fee in the future to watch a movie? It isn't enough that the Government is out of control handing out "free" money, but everyone seems to want everything for free... idiots. You're gonna get so much for free that soon no one will be able to make movies anymore.
Then what?
Just an unbelievable attitude. Stop complaining and PAY for a service...
Sam in Seattle Says
God. Damn. it.
Something here makes me suspicious.
I'll bet soon enough it will be "just $1.99 to DOWNLOAD a movie!" then, like the comment before...when will it end.
Fucking whores.
luis Says
I think google should be very careful with the "micropayment or subscription models". I can remember many moons ago when the z-channel in LA was attractive because there would be no commercials. God, those were the days. Even PBS when it first came on was commercial free. In the last few days, see your story, Variety is going to charge for their no-content content...and they can't even get readers for free. Where does it end?
Ester Says
DAYUM... this IS a game changer! Viral Videos can only go so far... We like silly homemade..but at the end of the day PEOPLE STILL WANT PROFESSIONALLY MADE SHOWS TO WATCH'
smooches,
Ester
http://estergoldberg.com
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