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December 18, 2006
Taking the Other Side on YouTube Consortium Site
I'm deliriously bearish on the supposed new YouTube competitor being put together by a consortium of media companies. Even if they do manage to agree to the darn thing, the odds that they can a) get a material foothold online, and b) continue to agree on its future are a reasonable approximation of nada.
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Another reason: they will all try to make money, an objective which was apparently not high on YouTube's to-do list.