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News
YouTube to Offer Free Music Videos
Wednesday, August 16th, 2006 at 3:00 PM - by Brad Cook
YouTube has plans to offer free music video downloads on its Web site, with revenue supplied by advertising sales. Jupiter Research vice-president Mark Mulligan told the Guardian that YouTube's deals with Warner Music and EMI could damage Apple's own music video sales on the iTunes Music Store.
"Any service that YouTube puts in place is, almost beyond reasonable doubt, not going to be iPod compatible," Mr. Mulligan said. "If YouTube can convert its massive online popularity then it could provide a significant reason for people to buy non-iPod devices. At the moment Apple is still the best bet for portable music watching. Either way, it is a nail in the coffin of paid-for services as the dominant online model versus ad-funded alternatives."
YouTube's maneuver could also impact Google, Yahoo!, and AOL, all of whom are also offering online video.
Thanks to MacDailyNews for the heads-up.
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