Is it time for a YouTube clone?

With all of the recent Content ID matching issues on YouTube, I am starting to seriously consider creating my own video hosting website as a replacement.  This would be an Open Innovation organization using copyleft licensing like Creative Commons, encouraging fair use content with an ad-revenue structure.

This type of venture would require a CDN (Content Delivery Network) that already supports this structure and if none exists, the creation of a new CDN.

The basis of this desire stems from the strong belief that IP Claims abuse is rampant and growing.  If we don't restrain corporate interests from being able to undermine the legal system in this manner, they will destroy the creativity movement entirely.  Worldwide, we are facing the potential for total disaster at every turn.  If we continue to discourage creativity and innovation in the same manner, we will surely experience further recession and other potential consequences.

Would you be interested in participating in this type of venture and/or do you know of any other organizations that are already attempting a media website like this?  Please leave a comment on this subject.  I would like to know what you think.

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Shannon Medlin Web Developer