Google will earn about $200 million in ad revenue from YouTube this year, falling short of its expectations, The Wall Street Journal reported. The shortfall is due largely to a smaller number of YouTube clips Google is selling ads next to, because of copyright infringement issues, the Journal said. Google is facing several lawsuits over alleged copyright violations. (Reuters)
The bottom line
July 9, 2008
Try 4 Risk-Free Issues of The Week magazine.