Why did Google start labeling blogs as “blogs” in its search results? Eric Schmidt thinks it may have to do with your mother.

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YouTube sneaked up on big media, then scared the hell out of them, then tried to do business with them, more or less unsuccessfully.

Now, three years after Google plunked down $1.6 billion for the video site, it seems to have figured out an approach that works for at least some big players: Hand over a chunk of the site to content creators, who get to control it, sell ads on it, program it with their stuff and share some of the ad dollars. Newest example, reportedly: Britain’s Channel 4.

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Sure, you’re watching lots of video on the Web. But that doesn’t mean you’re cutting back on your boob-tube time. At least not yet.

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The founders of Last.fm, the London-based Web music start-up CBS snapped up for $280 million two years ago, are leaving the company. No word yet on whom CBS will appoint to replace the founding trio of Felix Miller, Richard Jones and Martin Stiksel, or what any of the men intend to do next.

Miller announced the deal in a short blog post today. More shortly….

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Web video publishers are still trying to get their heads around their existing sites, which attract plenty of eyeballs but not much in the way of ad dollars. But at some point they’re going to have to figure out what will happen as video moves from the PC to the phone.

Here’s one small step in that evolution: Joost, the once-hyped video site, is going to start selling ads for stuff it shows via its iPhone app. Doing the heavy lifting will be FreeWheel, a well-regarded start-up that already handles ad-serving for some of the Web’s biggest video players.

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File under “interesting, but understandable”: After a flurry of election-related interest in October, traffic to red-hot Hulu fell off in November. Blame Sarah Palin–or the lack of her.

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