Users of the infamous YouTube video sharing site, will soon be able to get a cut of the advertising revenue that their uploaded videos produce. Needless to say, this only applies when a user uploads a video that he/she owns the copyright to. YouTube founder Chad Hurley said that the site is working to "award creativity". Other video sharing sites like Revver already split advertising revenues with users uploading original content.
What makes YouTube separate from these other sites is the fact that it gets an audience of around 70 million users per month. YouTube is also working to friendly its image to content providers by developing an "audio fingerprinting" technologies to identify copyrighted material, Hurley revealed in a session on social networking at the World Economic Forum in Davos, Switzerland.
As for the revenue sharing system; YouTube users should not have to sit through long video advertisements before the content is shown; instead Mr Hurley said a clip of three seconds length was one of the options but added the details haven't been worked out yet.
Source:
BBC News
As for the revenue sharing system; YouTube users should not have to sit through long video advertisements before the content is shown; instead Mr Hurley said a clip of three seconds length was one of the options but added the details haven't been worked out yet.
Source:
BBC News
