DAVOS, Switzerland (AP) -- Chad Hurley, co-founder of YouTube, said Saturday that his wildly successful site will start sharing revenue with its millions of users.
Hurley said one of the major proposed innovations is a way to allow users to be paid for content. YouTube, which was sold to Google for $1.65 billion in November, has become an Internet phenomenon since it began to catch on in late 2005. Some 70 million videos are viewed on the site each day.
"We are getting an audience large enough where we have an opportunity to support creativity, to foster creativity through sharing revenue with our users," Hurley said. "So in the coming months we are going to be opening that up."
Hurley, who at 30 is one of the youngest Internet multimillionaires, gave no details of how much users might receive, or what mechanism would be used.
I seo'd my hair yesterday and today it's pr7!
RIP Texas Dreams
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i'm sure they'll do something like pay per user submitted video i doubt they would go as far as a PPV program, cool concept though i'm sure it will draw even more people to use youtube
I have seen some video upload sites that share a % of the revenue that the ads around the video generate with the uploader. Probably YouTube will do something similar?
So if you upload a video, YouTube gives you a % of what the adds that are displayed generate.
Umm, dumb question... but if you have a business that has effectively no revenue to speak of (and no hope of being profitable in the next 100 years) what exactly are you sharing?
Youtube is already sounding desperate, and it hasn't been that long since they were sold.
Umm, dumb question... but if you have a business that has effectively no revenue to speak of (and no hope of being profitable in the next 100 years) what exactly are you sharing?
Youtube is already sounding desperate, and it hasn't been that long since they were sold.
eyeballs = ad $
I guess we can expect adsense blocks surrounding every video and the video creator gets 5%.
This is perfect timing because I have a shitload of youtube accounts and I have just recently come into posession of some Paris Hilton videos....
mad money yo..
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