YouTube sued over video
Interesting article - Youtube users are uploading copyrighted content. Rights holders have decided that this is a bad thing. Therefore they're trying to sue.
Problem is that there is no money being made by any of the video providers at the moment. It'll be interesting to see how anyone manages to. Last stat I saw was that YouTube is burning through over £2 million worth of bandwidth a day. I'm not sure advertising will be enough to save them - £700 odd million a year is a tough sum to capture out of the overall market.
Will they crash and burn? By no means certain. The infrastructre and brand they have created could be repurposed to deliver a VOD version of Netflix, destroying Blockbusters et al.