There is a strange and troubling rumor that YouTube is actually beginning to make money. (No, this is not merely because of the millions who continue to enjoy JK's supremely inventive wedding dance.)
Indeed, Google CEO Eric Schmidt was quoted by The New York Times as saying, "YouTube is a big component of our display revenue, and display is our next big business."
There is even talk that YouTube will earn $450 million this year. But it's hard to remember too many great ads that have graced YouTube's often prosaic surface.
However, I am grateful … Read more