Will Apple Ban Live Video on iPhones?

The Daily Mail and, closer to home, Stuff have reported that Apple has a pending patent application for technology that will stop iPhone cameras from being able to record live events. The Daily Mail suggests that this move is to appease record labels and the like who have a vested interest in such footage:

"The real reason Apple is developing the technology is to placate broadcasters upset that members of the public are posting footage of events on websites including YouTube when they have bought the exclusive rights. Many of these firms sell their own recordings of high-profile events, including Glastonbury and Wimbledon, and dislike being pipped to the post by reams of amateur footage online...It could also potentially provide Apple with another source of revenue by charging people to film live events".

It all adds up to the fact that jumping on YouTube and watching shakey, amateur footage of the gig we went to Friday night may become a thing of the past.