CBS President and CEO Leslie Moonves and YouTube co-founder and CEO Chad Hurley announced today a deal with the streaming video site that will feature short-form content from CBS, Showtime and CSTV on a daily basis starting this month. Clips from such shows as Survivor, 60 Minutes, Late Show with David Letterman, CSI, The Early Show and CBS Evening News with Katie Couric will be featured as well as clips from Showtime series Dexter, The L Word, Brotherhood and Sleeper Cell. Sports footage from CBS Sports will also be included. YouTube and CBS will share any ad revenue, and CBS will be able to keep or remove any copyrighted content found on the site.

I'm not going to pretend to know how these sort of deals work, but if a network is going to strike a deal like this, I don't know why they wouldn't just offer full episodes, even if it's for a limited time. Maybe that's not feasible, but I can't imagine people getting too excited over mere clips. What do you guys think?