Yea absolutely, there is an advert in England bout a guy who got discovered on youtube, and a friend of mine who made a few vids got a call from an advertising executive :))
For sure, as that's how the likes of Rebecca Black, Justin Bieber, Rebecca Flint and Alexa Goddard were all discovered and ended up getting record deals.Some record labels now have talent scouts checking out Youtube and nothing else hoping to discover the next big thing.