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Could the media industries finally be moving in the right direction?

Youtube remixes now have links to amazon and itunes to purchase the songs. This is a great monetization strategy for youtube as well who has a snickering Hulu making money on the content which they, and only they, can negotiate (hulu is a joint project of Fox and NBC)

hulu is smart in that they are finally figuring out they can monetize their back catalogs with advertising revenue if only they made it easily available (no drm, etc). granted it only streams but this is a decent tradeoff for legal content on the internet. And this is from someone who absolutely abhors sitting through commercials or viewing 80% of advertising.

hulu officials have belittled youtube in trade publications [citation needed] because they don’t believe user created content can be monetized. I have a feeling they will be proven wrong in the next 24-36 months. as remixing becomes legitimized in both legal and social contexts the sheer amount of content created by unleashed masses with personal computers will start to eclipse the major studios.

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