EMI has pretended to be a user driven label, they were one of the first to actively pursue DRM 'free' distribution. However, lately they have been attempting to grow by litigation and lawsuit driven revenue. This particular suit includes VideoEgg, the social network Hi5, along with 10 other ...
Microsoft was purchasing Powerset for $100 million dollars. This price point doesn't come as too much of a surprise since Microsoft has proven that they not afraid for dramatically overpaying for technology.
Online video is here to stay, and there will be business models that evolve into fully profitable enterprises. In my opinion this will be due to increasing the number of in-stream ad units users are willing to put up combined with decreasing bandwidth fees.