Purchased by Google for $1.6 billion this month, YouTube faces threatened court action over copyright abuse but the company late last week confirmed it plans to host a copy of every single music video ever made.
"What we really want to do is in six to 12 months, maybe 18 months, to have every music video ever created up on YouTube," Steve Chen, one of the site's founders, told Media & Guardian. "We're trying to bring in as much of this content as we can on to the site."
YouTube now attracts 100 million viewers each day. It plans to finance the provision of music videos online through advertising and is already in discussion with Warner Music and EMI on its plans.
It's a strange situation, as TimeWarner CEO, Dick Parsons, has revealed that his company - which is no longer connected to Warner Music - may sue the service over copyright violations.
News Corp - angry at being spurned from having a chance to add YouTube to its giant media cartel - is also threatening litigation over copyright, a Guardian report informs.
Should action take place it will also affect Google, which now owns YouTube.