CBS, YouTube fail to come to agreement

Another setback for YouTube: CBS and Google-owned YouTube have failed to come to an agreement over an extension of an existing deal that would allow clips of the company’s shows to be streamed on the popular video-sharing site.

According to The Wall Street Journal, the disagreement was over how long the deal would be.

This comes as big media companies are increasingly becoming antsy about unauthorized clips appearing on the site. The companies want YouTube to develop software to keep pirated clips off the site, which they have yet to do, which is one of the reasons why Viacom walked out on negotiations with Google and asked them to pull all of its clips off YouTube.