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. 
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