Google Shakes empty YouTube Piggy Bank

Google Inc. is experiencing success and profit in every field they are part of but YouTube video sharing site is the exception. Two years have passed since “Content ID” scheme is launched by Google but it does not seem to help them make money out of this unprofitable video sharing portal. At the moment, list of media makers YouTube is holding has only 1000 names in it. Ad makers are expecting a growth in this list with “Content ID” scheme.

YouTube has created an advanced set of copyright policies under this scheme which will preserve the rights of the content holder. In last week’s show in Victoria, company tried to highlight the thing that “Content ID” policy does not allow content holder to upload anything as company is checking content thoroughly to avoid any controversies but they did not forget to mention the benefits to attract more and more content holders to make YouTube a profitable project for company.

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