The People's Republic of YouTube - Los Angeles Times:
"Welcome to the new media universe, where for millions of video junkies, the best TV network in America isn't Comedy Central, MTV, ESPN or even HBO, but YouTube, the amazing website whose video clips are viewed more than 100 million times each day. Launched last year, the website has enjoyed an astounding ascent, being bought last week by Google for $1.65 billion. In an era increasingly defined by audience-driven events, YouTube represents the triumph of bottom-up culture and another sign that old media businesses, from record companies and TV networks to newspapers like The Times, are going to see more of their audience migrating to the Internet."
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