is the content on youtube shit? largely. but, most films are shit, too. and the music industry is just beyond salvation. i don't think the good parts of youtube are proportionately of a lower quality than the good parts of the film industry or the music industry. if anything, youtube is pretty much the sole major tool to get around the idiotification of the entertainment industry, nowadays.
it sounds stupid - and it is - but i think if youtubers were to integrate something goofy like the 20th century fox logo at the front of their videos, just something to make it "seem expensive", it would have a big effect. on the other hand, i'm not sure that's really a goal worth working towards...
i think a more important question moving forwards is how much longer youtube is going to be free and open like it is. how much longer are they going to continue to host trillions of gigabytes of data with no significant advertising stream? how much longer before it is hollywood?