Another YouTube setback: CBS says no deal

jaredjared College Station, TX Icrontian
edited February 2007 in Science & Tech
For images, view on front page

Times have been pretty rough for YouTube lately.

Earlier this month Fox made YouTube rat out one of their users. A couple weeks later Viacom demanded YouTube pull all of their clips offline; a big blow since Viacom is the parent company of MTV and Comedy Central. Then they turned around and signed a deal with new start-up company, Joost.

Things don't stop there however. The deal with YouTube and CBS, which has been in the works since Google bought out YouTube, has now been axed.

CBS liked the idea that YouTube was promising them revenue of up to $500 million, but they could not come to an agreement on the length of the partnership among other things.

The good news? Well YouTube still is working on a deal with NBC assuming things do not go sour with that relationship as well.

Comments

  • edited February 2007
    I like what is happening because that would mean things would appear legitimate if these kinks are ironed out. That would propel YouTube to a higher level.
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