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Apr 2
YouTube: Does it have a future - Part 2

You may wonder why I ask the question: Does YouTube have a future? The reason I am asking that is that because their users are uploading copyrighted material, they are already getting requests from networks to remove all the video that is pirated from them.

It has a lot of similarities with the Napster case. You can also bet that just like

Napster, there is some company in the wings waiting to produce their equivalent video version of iTunes.

While they aren't fighting it the way that Napster did, (they remove all video requested by the networks) will that be enough for the networks if the number of videos become so prolific that they can't practically control the situation? Another similarity is that the advertising dollars of television has been going down, and the networks will look for something or someone to blame. Right now it is DVRs, but how long will that last?

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YouTube: Does it have a future?

In a classic tale of someone doing something just to make things easier for themselves, Chad Hurley and Steve Chen, in less than a year, have built a business that become one of the most popular on the net called "YouTube."

How it started was that they had a dinner party and made some videos that they wanted to show to some friends; they just couldn't figure out how to do it. When they attempted it through e-mail, they were of course returned because the files were too big. Even putting them online with the current options available wasn't working.

So in a desire to make things much easier and simpler to use, they got together in Hurley's garage and developed what is now known as YouTube.

Some of the extraordinary stats are that it has 30 million videos a day viewed. In February of this year alone it has had 9.1 million visitors according to Nielsen/NetRatings, the measurement service.

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