YouTube Up, TV Down

Steve Rubel notes that in the same week YouTube hits 100 million streams per day, the US TV networks suffer the lowest weekly ratings ever.

Don’t think the Philippines won’t follow. YouTube is huge in the Philippines.

The big media companies shouldn’t worry that people will post their copyrighted material on YouTube. They should worry that people will post their own stuff on YouTube, and audiences will watch that instead.Paul Graham.

It’s not about artificial content scarcity anymore. It’s about natural attention scarcity.