and Google chants 'all your video belongs to us'

Google Video has had a video deal for a little while now. The day after Google agreed to purchase YouTube, a CBS/YouTube deal is announced.

Starting this month, CBS will post ad-supported video on their own branded YouTube channel. They will include video from Showtime and CSTV.

This is similar to the Warner deal struck recently with the two companies sharing the ad revenue.

Content on the new CBS/YouTube channel will include clips from CBS entertainment shows, such as "Survivor," "CSI" and "Late Show with david letterman," along with news clips from "CBS Evening News with Katie Couric" and "60 Minutes."