Major Labels Sue LimeWire

If anyone thinks You Tube is gonna be around in 2 years, they're dreaming.

Difference is that Youtube isn't promoted as a service for violating copyrights. Limewire and Kazaa are.

Whoop de doo. Let's hope they don't have Soulseek in their sights next..

break, youtube, revver, google video, veoh, vidking - i'm sure i left out a few - sure seem to be violating copyrights with tons of dare i write cool videos. what happened with napster will soon happen with vids

Youtube promotes and get hits for any video upload, from copyrighted videos to those not. Same as limewire...they are for legal file sharing and people share copyrighted material just like youtube. What is funny is material on Limewire, youtube, and myspace (which claimed ownership if posted, but recently stopped) increase awareness, acts as great advertisements, and increase concert attendance, and buying merchindise. Afterall, the artists make most of their money touring, and make pennies per record sold.

"Afterall, the artists make most of their money touring, and make pennies per record sold."

However, since recordings are typically financed by record companies who effectively loan money to the artists, once profitable recordings become a thing of the past, all artists (not just the few who have already) will have to find a new way to finance their recordings. (I realize that only a small fraction of recordings today are profitable, allegedly, but so far, those albums make enough profit to finance all of almost any given label's output.)