How to make money off YouTube
Who says there's no money to be made off YouTube? Goldman Sachs has led a $130 million round of financing for Limelight Networks, the servers-and-bandwidth company behind such sites as MySpace, Facebook, and Microsoft's Xbox Live online-gaming service. Limelight is also rumored to be the content-delivery network behind YouTube, reports TechCrunch. We hope TechCrunch is right: Then at least someone would be making money off of all those Daily Show clips. According to Red Herring, Limelight booked second-quarter revenues of $14 million, up 35 percent from the first quarter and 200 percent over the same quarter last year.
But on GigaOm, Om Malik says there's a fly in the ointment: A patent-infringement lawsuit filed against the company by Akamai. Akamai previously sued rival Speedera, and ended up buying the company. Maybe Akamai will be the one who ends up making money here.
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