In certain circles, David Letterman’s extortion/adultery story is huge news. On YouTube? It’s overshadowed by an “Ultimate Fighter” match.

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Yes, Viacom is still suing Google for a billion dollars, because it says too many of its videos showed up on YouTube. But that doesn’t mean Viacom and Google can’t work together to prevent the cable giant’s videos from showing up on YouTube.
Want to see this in action? Go to YouTube and try to find a clip of the Kanye West/Taylor Swift/Beyoncé incident from Sunday night’s Video Music Awards.

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Google says its oft-maligned video site is going to start making lots of money soon. But it still has some work ahead of it. Right now, for instance, just four in 10 of YouTube’s most popular clips carry advertising.

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Want to get people to stick around and actually watch your dog-on-skateboard video? Try luring them with Twitter.

So says video-tracking service TubeMogul, which reports that Twitter users who click on a referral link to a Web video are likely to stay longer than people who get to the video from Facebook or Digg.

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Looking for highlights of last night’s Oscars on YouTube? Good luck. That’s because ABC, which broadcast last night’s show, and the Academy of Motion Picture Arts and Sciences, which produces the event, don’t want clips of last night’s show on the world’s biggest video site. Instead, they’d prefer that you watch highlights on ABC’s Oscar.com site.

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YouTube may have been the only big Web site that didn’t provide a live stream of Barack Obama’s inauguration. But its users are rectifying this as we speak: They’re currently uploading clips of the ceremony to the site at a staggering pace.

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Web video watchers watch a lot of Web video. But they don’t spend much time on any single one: Clips that run more than a minute long lose half their audience. But some videos, like the one I’ve selected for you here, are worth sticking around for.

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That was fast.

The recent resurgence of “Saturday Night Live,” spurred by Republican VP candidate and Alaska governor Sarah Palin and her comic doppelgänger, Tina Fey, may already be over.

How do I know? Well, there’s the gut check–I watched most of Saturday’s show, which didn’t feature Palin or Fey, and it was a snoozer (the absence of new mom Amy Poehler probably didn’t help either).

But we can also gauge the reaction of Internet users, thanks to the good folks at TubeMogul, a small start-up that specializes in tracking Web video views.

And the results are not so good.

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