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YouTube, To Share Revenues With Users

Filed in archive Industry by noel on January 30, 2007

YouTube, To Share Revenues With Users
If you are a YouTube fanatic, there is one good reason why you have to stick to the website. Aside from interesting videos, YouTube intends to share revenues with its users.

Chad Hurley, co-founder of YouTube, said one of the major proposed innovations is a way to allow users to be paid for content. It can be recalledlinks that the website was purchased by Google for $1.65 billion in November. It has become a remarkable online milestone since 2005. Up to the present time, YouTube is still a big hit. As a fact, approximately 70 million videos are viewed on the website each day.

Hurley said:

"We are getting an audience large enough where we have an opportunity to support creativity, to foster creativity through sharing revenue with our users. So in the coming months we are going to be opening that up."

Hurley added that when YouTube started, he and the site's other co-founders, Steve Chen and Jawed Karim, felt revenue-sharing would build a community of users motivated by making money, rather than their love of videos.


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Permalink: YouTube, To Share Revenues With Users
Tags: YouTube  website  youtube  search  google  search+engine  share+revenues  link+building 

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Related Entries:

YouTube Revamping Website - 15 August 2006

YouTube Ignores Users When Chasing Content Deals - 19 November 2006

YouTube is Your Main Tube - 12 July 2007

Youtube Website integration - 08 October 2007

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