According to the AP, Youtube and Warner Music have struck a profit sharing deal in which Warner will upload its music videos, while YouTube tracks user generated video with copyrighted material.  When they finid videos using Warner copyrighted material, Warner opts to “accept” or “reject” it. No word on what happens to the “rejected videos,” but pity the poor person whose job it is to watch the thousands and thousands of bad basement lip synching to flag them for their supervisors.