YouTube’s founders are audacious enough to think it can strike a deal with every record label to legally add every music video ever made to the online video site.
Two thoughts: First, I don’t think they can do it. I don’t see the record labels going for it (unless they’ve suddenly gotten smart about the Internet), and it’s not like there are only four or five record labels to deal with. There are hundreds. Second, won’t the site lose some of its user-generated-content luster if it gets too heavy into being a conduit for MSM content? (NOTE: I mean, let the users decide what they want to upload, even if its MSM-created content, or let the artists do it themselves).