March 1's Financial Times ran an article titled, "Viacom hails fight against YouTube". This excerpt says it all:
"Viacom said on Thursday that traffic to its MTV, Comedy Central and Nickelodeon websites rose sharply over the past month, validating its decision to force YouTube, the video sharing site bought by Google, to remove all Viacom video clips."
This supports what I've been saying since the announced Google acquisition - that YouTube's business model is flawed, and has no real value after video content with copyright protection is removed.
Burn baby burn.
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