"By the end of the year," a company statement read at the time, "professional content creators, including record labels, TV networks and movie studios, will have the opportunity to authorize the use of their content within the YouTube community by taking advantage of YouTube's new tools and architecture. YouTube has been actively working on the operational details and building the infrastructure for this innovative new framework."
There has been speculation that Zucker's company may be planning to create its own YouTube-like service. NBC was among a group including Viacom, CBS, and Fox Interactive that planned a YouTube rival, but talks apparently were broken off before they even started.
Source:
Betanews