During 2006, Google's newest plaything YouTube was hit with multiple lawsuits and threats from record labels and other media providers interested in protecting their intellectual properties online. In response, YouTube had promised that it would implement its own anti-piracy software by the end of the year that would filter content on their network and seek out copyrighted materials. This could, in-turn, keep both parties happy and record labels wouldn't feel their artists are being exploited through an Internet community without paying their "proper" dues. Regardless of the fact that a social network would be the best place to get lesser known artists into the limelight by allowing users to put a clip of their music on their personal site.. but I digress. YouTube seems to have dropped the ball.
Source:
IT Wire






