http://news.bbc.co.uk/1/hi/technology/6944292.stm

Google is shutting down its premium video service, leaving users who have bought or rented content unable to view their videos in the future.
In an e-mail to users the web giant said that money spent on videos would not be refunded.

Customers are being offered fixed credit on the firm's online payment system, Google Checkout, instead.

YouTube, pure and simple. Good thing they own it! At least they're getting something, even if it's sort of like store credit.

heath

They pay $2, and now they get $5 credit... seems pretty decent compensation... although I dunno wtf you're gonna buy for $5...

Add it to a book on streaming online, lol. I would like to see what happens next with Google Video, which I see is still up, but I wouldn't be surprised if, in the future, when you go to video.google.com, it doesn't just re-direct to YouTube.

heath