Google Acquires Youtube :

So Google decided to take the easy way out. Instead of working on Google Videos , they decided to take over the competition.
But many believe that google has made a tactical mistake and Fox/Myspace will make them pay.

You Tube has become a major source of video sharing, often copyrighted. Much of this Content is Fox owned. And it can make Google Pay. Google will have to tighten up its DRM.

Google -- We work to identify and remove any infringing content that may appear on Google Video using the process set forth in the Digital Millennium Copyright Act (DMCA). If we receive a notice or otherwise have reason to believe that content submitted by a particular user infringes another person’s copyright, their account may be terminated.

Youtube --“All of the content on YouTube — including videos, comments, and ratings — is posted at the direction of users. We take copyright issues very seriously. Our terms of use make it clear that users should own or have permission from copyright holders to post any videos. We encourage copyright holders to contact us appropriately if they have any objections about specific postings.”