YouTube is planning to host every music video that has ever been made. Not sure if this means only the English versions or foreign as well, there is no clarification.

This is evidenced by this quote:

“What we really want to do is in six to 12 months, maybe 18 months, to have every music video ever created up on YouTube,”

- co-founder Steve Chen

The finer details of how this is going to work is yet to be finalized with the record labels. It is however planned to be available to everyone, free! I am still having trouble with the fact that YouTube are yet to demonstrate a solid business model that will or is working. The bandwidth costs are huge for YouTube and something has to give at some point. Where that point is I am not sure but eventually the popularity has to exceed the money pit, regardless of how bottomless it might seem to be.

YouTube states that it is committed to preventing copyright violation and removes offending material when they know about it, it remains a problem. Any day you can visit YouTube and find evidence of it. How can you monitor that sort of volume anyway? They serve over 100 million videos a day! This in the end may be the downfall of YouTube before we see any business model that rakes in cold hard cash.

Source: Reuters

This entry was posted on Friday, August 18th, 2006 at 4:29 pm and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.