Friday, October 13, 2006

Google's Schmidt on YouTube, Facebook and the future of video on the Internet

Eric Schmidt, Google's CEO, is featured at today supposedly commenting on the news in general under their new 'View from the Top' Internet series.

Instead he (not surprisingly) barks on about Google's recent acquisition of YouTube (which, granted, is newsworthy!) and is careful to tell everyone that the acquisition does not pit Google against traditional media company. That's being done by b-uncut!

He dodged the question of who will lose in the video on the Internet seachange - when the real answer of course is media company laggards and traditional distributors such as cable and satellite companies. Oh, and TV networks had better watch out too!

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