Apparently,
Patrick Walker, Europe's head of video partnerships at Google, told delegates at the MipTV conference in Cannes that broadcasters have been "enthusiastic" about the new ad plan, predicting that 2008
will see "real money coming in" from YouTube. Meanwhile, Google CEO Eric Schmidt has been sounding diplomatic in recent public appearances, unveiling plans for the copyright detection system content
owners have wanted. Perhaps he's realized that it's time for Google to extend an olive branch to content owners.
If that's true, the about-face comes from broadcasters' pressuring Google into doing things their way. Google thought it had the upper-hand in negotiations with content providers when it acquired YouTube last fall, but in recent months that has not proved to be the case. Big media firms have upped their efforts to get their copyrighted content off the site, while pursuing their own endeavors. Viacom may have kicked it all off by turning its back on YouTube first, and then suing it for $1 billion in lost revenue.