Tuning Into YouTube

YouTube is the hottest net entertainment out there, growing from a few hundred video views a day (Aug 2005) to more than 500 million per day. BusinessWeek online is now asking whether or not this advent internet company is worth a cool $2 billion.

You can read the BusinessWeek write up at BusinessWeek on YouTube

What does this mean, if anything, for traditional media? We'll add our two cents to the commentary next week.