YouTube Losing Money

Monday, April 6th, 2009

Recently a lot of talk surface about whether Google should buy Twitter, the fast growing social website. But now some are questioning the wisdom of such a move because the acquisition of YouTube still hasn't proven profitable for Google. In fact, the losses are enormous. But here’s the thing: the site ...

YouTube Negotiating With Performing Rights Society

Wednesday, March 11th, 2009

YouTube and the UK's Performing Rights Society (PRS) have entered into negotiations concerning videos displayed on the popular video website. The PRS seems pleased with the direction of negotiations. "We are committed to ensuring our 60,000 songwriter and composer members receive a fair deal," the PRS said in a statement ...

Warner Music Abandons YouTube

Tuesday, December 23rd, 2008

Warner Music has boogied out of YouTube, taking a big load of videos with them. At issue, the amount of revenue that Google was paying to Warner Music. The two companies had been in talks to renew their deals, when they must have hit an impasse. Now ...