YouTube: Bigger, Stronger, Faster, More Original... - Digital Music News

YouTube also announced that it will be sponsoring a few promising producers. As part of the YouTube Partner Grants program, a healthy $5 million will be offered to finance the most innovative production teams. Lucky teams will be plucked from YouTube and asked to submit grants, and those that offer the prospect of generating highly-trafficked, advertiser-friendly content will receive funding injections.
YouTube Blog: Investing in the Future of Video: YouTube Announces Partner Grant Program

are you ready to put down that guitar and pick up a camcorder yet?

you will be monetized by corporate advertising revenue, resistance is futile...