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I still have not figured out how youTube makes money, but the founders of Skype are about to launch their own offer.
[The service] has the codename The Venice Project. It will offer “near high-definition”, programmes supported by advertising, with tools for users to personalise their channels or discuss programmes with others.
[...] one person close to Warner Music confirmed it was using the service to create channels for some of its artists, including Paris Hilton
Will be interesting to see what their business model is. Near HD definetely sounds intriguing - but we have to see it first.
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