Will YouTube kill the video star?
Don't count YouTube out yet. After an unplanned outage and discouraging traffic numbers that were released earlier this week, cofounder Steve Chen punched back by announcing boldly that, within 18 months, he expected "to have every music video ever created up on YouTube."

Is that just big talk from a cocky startup guy? Nope: Warner Music and EMI confirmed they have been in talks with YouTube cofounders Chen and Chad Hurley. Finally, to cap off an eventful week, the boys took the site down briefly yesterday evening -- this time, the outage was planned -- and brought it back online with a few new nifty features, notably the ability for users to customize their own MySpace URLs (no more dopey strings of random characters), and the addition of a whole new section devoted to music videos. Watch out, MTV.
Posted by Oliver Ryan 9:29 AM 0 Comments comment | Add a Comment

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.