blogmaverick.com — How did Google do this deal? VERY interesting piece on the GooTube. "The first request was a simple one and that was an agreement to look the other way for the next 6 months or so while copyright infringement continues to flourish."
Oct 31, 2006 View in Crawl 4
rileyjtOct 31, 2006
If you read the article, the speculation is that Google will basically give them an equity position in YouTube, then later on buy that equity position from them with the money in escrow. That allows them to get around distributing the money to the artists because it is just the media companies making an investment.
4815162342Oct 31, 2006
YAAAS a dugg down comment for kevinrose!
Closed AccountOct 31, 2006
Wow, I don't know about the rest of you, but that's the most incredibly evil thing I've ever heard of Google doing.
sionixNov 1, 2006
Follow up: <a class="user" href="http://digg.com/tech_news/Behind_the_scenes_Google_played_hardball_in_YouTube_deal">http://digg.com/tech_news/Behind_the_scenes_Google_played_hardball_in_YouTube_deal</a>
emuledudeNov 1, 2006
A cool $50 Million for the major record labels for doing nothing. It's sort of strange since most people watch clips of tv shows rather than music videos. What will stop the tv studios from threatening Google with lawsuits unless they receive their $50 Million cut?
ricardolaNov 11, 2006
Ok... So what Jack Black will say about this?