Susan Boyle, the latest overnight YouTube sensation, may well end up the recipient of a bonanza from her new status as unlikely heroine.
But for now, her dizzying YouTube success has been a missed opportunity to cash in. A disagreement between YouTube and Britain’s ITV, which owns the “Britain’s Got Talent” program where Ms. Boyle appeared, has kept the YouTube clips of Ms. Boyle’s rendition of “I Dreamed a Dream” free of ads.
The Times of London published what it called a “crude estimate” suggesting that the parties involved, namely YouTube, Simon Cowell and ITV, have left $1.87 million on the table. That’s based on 75 million streams of the various clips of Ms. Boyle, which the newspaper estimated could get $20 to $35 for every 1,000 views in the United States and more than that in Britain.
A YouTube spokesman declined to comment on the estimates, but said that the various clips of Ms. Boyle, including those uploaded by users, had now topped 100 million views.
With a recording contract on the way, and no doubt other opportunities to monetize the Boyle phenomenon, the failure to cash in on the YouTube clips may not mean much in the long term. But it is the latest sign that the tension between new and old media companies is keeping both sides from profiting to the fullest extent possible from their supersize Internet audiences.
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