So
thats how they did the deals so quickly.......there I was thinking the YouTube dealmeisters were dealmaking superheroes when it was good old....ummmm - "unique consideration" - all along. Patrick's Razor - that the most cynical explanation is the best one - yet again is proven valid.
This has the whiff of Don Quattrone and DealFather II about it. Take a ride with us and drop all thoughts of those lawsuits and we'll make you an offer you can't refuse, OK?
All credit to
Liz Gannes over at GigaOM, about a month ago she floated this possibility based on a piece from
PaidContent.
NBC and CBS, who had negotiated earlier, did not get stakes. Shows the advantages of being early movers I guess.
EMI has still to reach a settlement with YouTube, as do most of the TV studios. I'll bet they are delighted with this news.....I wonder if there are seats ready with their names on?
And the billion dollar question - does GooTube stay cool with the dudes once this is all out, do they even care, or do they migrate to new services like Bolt....oh wait, Bolt now have a lawsuit from Universal against them......