News

CBS, YouTube Deal Stalls Out

By the Betanews Staff | Published February 21, 2007, 11:38 AM

YouTube's deals with the traditional media companies continued to unravel, with The Wall Street Journal saying Wednesday that CBS is the latest casualty. At issue were disagreements on the language of the deal. Sources told the paper that Google and CBS would work on smaller partnerships instead, leaving the door open to restarting talks in the future.

The loss of CBS' content follows Viacom, which abruptly pulled its videos off YouTube earlier this month. Companies including Viacom have also considered developing a YouTube competitor on their own, however talks there have not gone anywhere. Neither CBS nor YouTube had any comment.

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darkzero63
Feb 21, 2007 - 12:04 PM

The days of champagne and roses are over for steve chen and chad hurley.

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nate
Feb 21, 2007 - 12:14 PM

Well, they already walked away with a few hundred million in Google stock. I doubt they much care what happens to the site now, despite what they say to the press and their users.

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darkzero63
Feb 21, 2007 - 4:10 PM

Especially since they dont even bother to address the multitudes of problems that site has.

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