It turns out that the name Philippe Dauman Jr. raised red flags so much so that Eric Schmidt was appraised of the aspiring candidate. It turns out Google acted on the merit of Jr. skills and hired him.
When Philippe (Sr.) then shared with the audience his son's role - Content acquisition - the audience bursts into laughter.
Philippe's reaction to questions about the ongoing litigation suggest he is satisfied from the changes in Youtube's approach to content protection and takes credit for driving this change. He adds "Google is a great company and right now we have this conflict that will be resolved".