Pittsburgh Post-Gazette: Ad agencies are carving a niche somewhere between the grainy, homemade videos that helped establish YouTube.com in the first place and the high-production, big-budget television ads seen during prime-time shows.

WebProNews: Online video ads may be worth $7 billion by 2012.

AllThingsDigital: The lack of lasting and profitable professional content online is once again in sharp relief with the writers’ strike now taking place in Hollywood.

TMC.net: Hulu launch signals a new phase for the online video market.

PaidContent: BBC plans pre-roll ads for online video offerings.

Globe & Mail: Google gives Canada its own YouTube.

Computer World: An Indian music label has filed a suit against Google and its video sharing site YouTube after the display on YouTube of content for which the Indian company says it holds copyright.

MSNBC/The Scoop: Diddy finds umbrella holder via YouTube.