A potentially ingenious way around the usage and copyright problem from Chad Hurley, inventor of YouTube:
All files have a digital pingerprint which enables originators, to identify their content when it appears on YouTube. So Sony will know about it when someone uses one of their tracks as a soundtrack to a YouTube video and 20th Century Fox will know when someone uses a bit of one of their films.
Rather than have the content removed, the originator will receive a percentage of the advertising revenue generated by views of that video. The more interesting part though is that the person who has uploaded the video with the content they didn't have permission to use will also receive a percentage of the revenue.
It's early days yet and there are obvious huge pitfalls but possibly a brilliant solution to the lurking copyright problems that YouTube faces and also, bizarrely, a way for virals to generate huge amounts of money.
Wrighty
