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YouTube cofounder wows media moguls

SUN VALLEY, Idaho -- Just 17 months ago, Chad Hurley was squirreled away in a Silicon Valley garage running up credit card debt as he and business partner Steve Chen developed the quirky Internet video site that became YouTube Inc.

During the past two days, Hurley has emerged among the main attractions at an elite media summit here, where the 29-year-old entrepreneur is seizing upon the attention to further his quest to establish his start-up as an entertainment and advertising hub.

``There is a big wave of video coming online and these [media] guys want to work with us to stay relevant in this changing marketplace," Hurley said.

Hurley proved he is quickly making powerful friends yesterday when he hooked up with CBS Corp. chief executive Leslie Moonves away from the closed-door meetings.

During a wide-ranging conversation that could be heard by several reporters, Moonves seemed to become increasingly intrigued as he learned more about YouTube's rapid evolution.

Moonves marveled when Hurley informed him that YouTube's steadily expanding audience is now watching about 100 million videos per day.

He asked how YouTube might be able to direct more traffic to websites owned by CBS.

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