thefickler writes to tell us that YouTube plans on raising revenue by allowing major media players to run their own ads on the video site for, not only their own content, but illegally uploaded content by other users. "The site says CBS is already on board for the scheme, with other giants expected to join. The scheme will allow TV, movie and music companies to upload content and then sell advertising themselves, for example through images or animations which are overlaid on suitable sections of the clips. YouTube will then take a cut of this advertising revenue."
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