This is news - "YouTube's Head of Monetization QUITS"

Previously there were discussions about Google experiencing some difficulties in making YouTube the money-making machine it should be. (It is making profit of course, but well... Not to the levels it really should be, which is kinda an issue for the big boys.)

Traffic may be incredibly high, and pageviews are much healthier than any other video sites, but it seems Google's prediction of making $200 million this year isn't quite what they were hoping for.

What happens next? Read the rest of this entry »