The NYT's Richard Siklos on the battle to control video on the Web. Basically, it's GoogleTube vs. the media companies.

An excerpt:

Google has consistently taken the position that it is the ally of those who create and own content — these latest hiccups notwithstanding — and that its technology can help them make more money online then they could on their own.

But Google’s sheer size and heft — including its rich margins and $140 billion market value — are viewed enviously and warily by media companies. They all wonder: Just how much of that value is coming out of my pocket?

Thus, the issue of making deals with content companies has quickly led to a kind of Catch-22 for Google. As one Hollywood executive, who didn’t want to be identified because of the continuing negotiations, said of Google: “The more content they license, it begs the question: what about all that other unlicensed stuff you’ve got up there?”

To make matters even more complicated, a big focus for media companies right now is to share the wealth with everyone who creates valuable content, not just the pros. YouTube has said that it will follow the trend of other video sites and Web businesses by figuring out a way to give some share of revenue to people whose homemade videos attract the most viewers.

Google’s media partner-rivals are also now asking why Google won’t just voluntarily use its technical prowess to ferret out copyrighted material. (After all, they say, the company seems to keep pornography off YouTube rather effectively.) To drive home the point, MySpace trumpeted just such a copyright filtering feature for videos on its popular social networking site last week.

INTELLECTUAL property law is clear that the legal impetus, for now, rests with the copyright holder to tell a Web site to take down unauthorized material. Indeed, it would be cumbersome to ask every kid with a community site to spend his days policing what the members have posted.

The media giants have a point, however, when they ask why they even have to cajole Google, a self-professed friend, to make nice.

Yet Google and its brethren also have a point when they wonder if the media giants are only hurting themselves by pressing the copyright issue. They point out that their sites have served as great promotional venues — and that they do not charge the media companies a dollar for that help. Moreover, there are no barriers to entry to stop NBC, Viacom or anyone else from starting its own Web video efforts.

What we have here is the most fascinating game of digital chicken the media world has seen. Who will cluck first?