Sony Pictures in Talks With YouTube 84
CNet is reporting that Sony Pictures may be in talks with YouTube to license full length movies to the video sharing site. Set to post nearly a half a billion dollars in losses this year, YouTube could certainly use some juice to combat sites like NBC-owned Hulu which already has an array of movies for streaming. "Details about what a final agreement could look like are sparse, but any partnership between the two powerhouses would likely benefit both. Representatives from both companies declined to comment. Word of the negotiations comes a week after Disney announced it had licensed short-form content to YouTube. Those clips will come from a range of Disney brands, including ABC and ESPN. For YouTube, obtaining short-form clips from Disney is an important step but still doesn't provide what YouTube needs most."
Re:See no evil (Score:1, Insightful)
They said it themselves with their repeated attempts to screw their customers
Re:YouTube nearly bankrupt? (Score:5, Insightful)
Re:YouTube nearly bankrupt? (Score:5, Insightful)
It's because youtube typically has no adverts on user submitted videos. If google made money off of copyright material they'd be looking at big lawsuits. So they typically only have advertising on licensed content. They need more deals like the one suggested to deliver more advertising revenue.
I just had a look at Hulu (Score:5, Insightful)
I just had a look at Hulu and got this:
Google combating who? The only competition is torrent.
Re:YouTube nearly bankrupt? (Score:5, Insightful)
Being most-popular is not an advantage when no one has figured out how to profit from it. Most-popular means highest costs in bandwidth, servers, etc.
Ad spend is shrinking globally. How exactly is YouTube going to make money when everyone and their dog uses their servers and bandwidth for free?
Reminds me of the dotcom boom... sure, we're losing money on every transaction, but we'll make up for it in volume.
Re:I just had a look at Hulu (Score:5, Insightful)
Google combating the licensors of the content, who wish their distribution channels in non-US markets to remain free of easy, legal online competition. Pandora has the same issue with streaming audio.
Hulu competes with bt for content delivery, but is also competes with DVDs, VHS, movie theaters, etc. That last one is pretty important -- many movies are just hitting theaters overseas when DVDs or online distribution is released to the US market.
YouTube isn't a Company (Score:5, Insightful)
Let's be clear. YouTube isn't set to post anything, let alone a loss. Google as a whole will post huge profits again, albeit below last year, and that will be that.
Re:See no evil (Score:4, Insightful)
Re:YouTube nearly bankrupt? (Score:2, Insightful)
What it REALLY needs (Score:1, Insightful)
For YouTube, obtaining short-form clips from Disney is an important step but still doesn't provide what YouTube needs most.
Porn.
Re:YouTube nearly bankrupt? (Score:1, Insightful)
Re:People don't have any standards anymore ... (Score:3, Insightful)
I am referencing betamax, sdds, super audio cd, minidisc, umd, memory stick pro, and other sony abortions).
Yes, that'll definitely get you some mod points around these parts.
(Hint: I am referencing the fact that you are making hyperbolic statements to get attention.)
Re:See no evil (Score:2, Insightful)