No payment for the content providers?

Hmm.. Stephen Colbert (who I presume is some US TV person) makes a fairly valid point with this video. Surely, if Google have bought YouTube, we’re all owed a cut of the cash ?

Think of it this way. If YouTube didn’t have any videos, what would it be? It’d be useless..

99.99999% of YouTube is OUR videos, so (and let’s ignore the fact that it uses Flash to stream the videos and yes, it must cost them a bit in hosting etc), shouldn’t we get some of the money? I personally only have a few videos on the site, but I reckon I should have a few hundred quid coming my way :)

Here’s the video… hosted on Youtube of course.. oh, the irony..