paidContent's Quick Hits 9.09.09

»  Credit Suisse — which said in April that YouTube was on track to lose $470 million this year — now says YouTube will actually lose a little more than $400 million. What accounts for the difference? The bank says that YouTube’s use of peering cuts about $60 million from its previous estimates for the site’s bandwidth costs. [NewTeeVee]

»  Digital sales have been one of the few bright spots for the music industry– and now even they are slowing. [Billboard]

»  EMI and Sony (NYSE: SNE) Music aren’t sold on Virgin Media’s new subscription plan, which lets users download as many non-DRM songs as they want — and they never have to give them up. [New Media Age]

»  Biz Stone speaks to reporters in Mexico City about the slow rollout of premium services. [Bloomberg]

»  Wine enthusiast Gary Vaynerchuk has shown how to build a small vlog into a million-dollar enterprise. [NY Times]

»  Since the internet sales tax was passed last year, sales conversion rates for online-only stores like Amazon (NSDQ: AMZN) and Overstock have fallen 11.4% in the Empire State. [WSJ]

»  One out of every four households are now watching some television online. [LA Times]

»  Is the Drudge Report on the decline? [NYO]

»  This summer was 11th-highest-grossing for movie studios … in the past 12 years. [The Daily Beast]

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