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True. True. Viacom spendss a lot of money on risky development deals and YouTube is making money off from only the most successful (read: most viewed). Also, Viacom owns www.iFilm.com , which is just like YouTube, came out first I believe, but then got lost in the shuffle when YouTube became dominant.

Another note- there's the promotional power YouTube provides the cable nets hit shows: MTV and VH1 as well as the picture studios: Dreamworks and Paramount movies coming out (all Viacom). But again, Viacom would rather have people going to iFilm to watch those trailers. The big money is coming from the box offices, so I'm inclined to think this is a bargaining chip at the moment.

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