YouTube not as Dominant as you Think

There's no question that YouTube is huge, but they still have their problems. Problems big enough to cause Viacom to back out of a deal last month. A couple of their problems seem to be YouTube's lack of effort on keeping unauthorized content off of their site and their unimpressive deal making ability.

Now that Viacom has backed away from YouTube, they lose their very popular "South Park" and "The Daily Show with Jon Stewart" video clips. Both shows are featured on Comedy Central, owned by Viacom. Viacom has now entered a content contract with Joost, a YouTube competitor.

Is this the start of YouTube's demise or will they be able to take care of their problems and continue to dominate?