Thirteen hours of video are uploaded every minute to YouTube. And, according to YouTube founder Chad Hurley, that figure will grow exponentially until online video broadcasting becomes as ubiquitous as toilet cats on YouTube.
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Talk about life imitating The Onion … Apparently the recording industry’s institutional memory is about as solid as its crumbling business model. As recently as 2007 it was paying radio stations to play its music. Today, it’s accusing them of pirating it.
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Viacom has a new online advertising partner and–big surprise–it’s not Google. It’s Microsoft.
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Google is reportedly talking to Simon Fuller, the British entrepreneur behind the Spice Girls, about a joint venture in the Internet broadcasting market. “It’s a big idea on a global scale,” a source close to Fuller tells the Guardian. “It will change television in much the way iTunes changed music.”
Uh-huh.
Hate to say it, but the [...]
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