YouTube, a popular video sharing site is all over the news. After youtube.com has been purchased by google.com setting up a record milestone of $1.65 billion in stock in the developing saga of Bubble 2.0, the real issues started emerging, with a line of rights-holders ready to sue forming in front of the doors of video sharing site. From the early jokes made on Comedy Central's Colbert report, the cue of potential suers includes Universal Music, Bayern Munich , FA Premier League , TimeWarner and even individuals . Most of these are still in phase of verbal threats being laid out in public and can be seen as a tactic to cash in the best deal - with expectations and claims ranging in tens of millions. Universal chief executive Doug Morris, is most recent quoted executive threating YouTube. "The poster child for (user-generated media) sites are MySpace and YouTube," said Morris, according to a transcript obtained by Reuters . "We believe these new businesses are ...