July 17, 2008

YouTube monetizing

Schmidt: YouTube + ads = 'holy grail' | News - Digital Media - CNET News.com

Is it me or there is something wrong with the following paragraph?

"Google CEO Eric Schmidt has spoken more than once this year about monetizing YouTube, but he showed some signs of patience on Thursday for finding a new, good way to sell ads on the video-sharing site. And when Yahoo gets the mechanism right, Schmidt said he expects to hit the mother lode."

unless I missed a press release recently about Yahoo and google!

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