YouTube Founders Interviewed
An anonymous reader writes: "FORTUNE's Adam Lashinsky interviews co-founders Steve Chen and Chad Hurley.
'In just five months, YouTube has gone from beta testing to part of the national zeitgeist. The website is a place where anyone with a home video can post it online and create an endlessly entertaining diversion for bored office workers -- who've been watching 40 million clips a day.'"
What I'd like to have seen asked is how they plan to deal with copyright infringement on the site with the vast amounts of content which they host. Both technical and legal answers would be interesting, I think.
INAL, but could copyright issues be more problematic once they start making money off these videos? I mean, I know no label really wants to sell old Prince videos, but somehow they're huge on YouTube. Do you really think content producers (record labels, movie studios, musicians, maybe even regular users) would be okay with that, or would they want a piece of the action? I mean, they own the copyright, and I don't think that posting entire music videos online could be considered fair use.
That's the reason Google News doesn't have ads, after all - if they did, they'd run into legal issues (or so I've heard).
P.S. This is a pretty short article with only a bit of information - and it's vague info at that. What gives?
I produce electronic music and write little games. Have a look.
My request though, is to have full video controls on thier player. The same applies to Google Video by the way. Many a times, the videos simply need some light.
But many thanks to thier effort.
The Forbes article from a few weeks ago states that thier bandwidth usage is approximately 200TB per day, the cost of which "may be approaching $1 million a month".