On Saturday (January 27) Chad Hurley, Co-Founder of Youtube.com said they are going to start sharing their ad revenue with the millions of users posting videos to their site.
His proposed plan of paying Youtube users for their submitted videos, is opening up due to the expanding growth of Youtube's user base. He is quoted as saying, early on in the Youtube years, that paying users for the submitted video content would only instill in Youtube lovers the motive to make money and not their interest in videos.
By attaching ads to each submitted video on Youtube, they will share with the Youtube user the profit/revenue made by those advertisements. No news on the exact amount a user could make through submitted videos, but it will probably depend largely on the popularity of the video, the user's standing within the Youtube community and the subject of the Youtube video.
Bloggers and internet users alike are finding new ways to earn profit through their involvement within internet communities. Sites like Blogitive and PayPerPost are paying bloggers to write or submit video content on specific companies. Associated Content broke new ground in paying their Content Producers for each submitted article.
Advertising is becoming a normal and everyday term used by anyone who is using the internet and the web as a means to make money online. Now, even Youtube obsessed video lovers are going to start biting of the advertising pie.
It will be interesting to see how this pans out and what is next in the world of internet marketing, advertising, blogs and user submitted content and videos!
Monday, January 29, 2007
Youtube Will Pay Users for Their Videos!
Thursday, October 12, 2006
Youtube.com & the UTUBE who lost his home
Heard of UTUBE before? No, silly, not the video distribution site that just sold itself to the sugar daddy of the web world. The other UTUBE. Stands for "Universal Tube and Rollerform Equipment Corp." near Toledo, Ohio. It's kind of like Youtube.com except instead of allowing people to share digital videos with each, they just sell machinery to manufacturing companies who want to make tubes. That's similar, right?
Anywho, the company is 22 years old, and ever since youtube.com became so abundantly popular,they've lost a lot of business because no one can access their website! I guess they didn't plan on millions of hits in one month; their server couldn't handle it. Apparently he can't even go on his site to add products.
He claims to be losing money, because, "The phones are dead." But, I accessed the site just fine. utube.com
Check out the article in CNN MONEY CNN MONEY
