I wonder, who's right, Mr. Edgar Brofman, boss of WMG or YouTube's CEO Chad Hurley?
It seems that the two can't come to terms about $. Those dreams of a digital payoff by each guy just aren't happening. YouTube isn't making enough money to be profitable. WMG isn't making the $ that Edgar thinks his music is worth. So I heard Edgar has pulled all the WMG music related videos off YouTube.
Mr. Brofman, you sure play hardball. So the question is whether you need YouTube as a merchandising tool, as much as YouTube needs your content to be a popular Internet destination.
Stay tuned, lawsuit among the greedy is next.
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