YouTube to Share Ad Revenues With YouTubers
Posted on January 27, 2005
The BBC reports that YouTube plans to share in ad revenues with Youtubers. You have to own the full copyright to the video to be able to place ads on it.
The system would be rolled out in a couple of months, he said, and use a mixture of adverts, including short clips shown ahead of the actual film.The BBC article says any pre-roll ads will be short -- about 3 second short.
YouTube has more than 70m users a month and was recently bought by Google.
The offer applies only to people who own the full copyright of the videos that they are uploading to the YouTube website.
The audience of the YouTube website will not have to put up with overly long "pre-roll" adverts. Mr Hurley said a clip of three seconds length was one of the options, although the details had not been worked out yet.Three seconds doesn't seem very long but YouTube has to be careful -- it won't take much to turn off users and send them flocking to one of the many competing video sharing sites. It is even possible that no form of pre-roll will work no matter how short it is.
YouTube cofounder Chad Hurley made the announcement at the World Economic Forum in Davos. You can see the video here. In the video Hurley also talks about YouTube's plans to protect the copyrights of music and video publishers.
The BBC also notes that Revver, another video sharing site, already has a revenue sharing model in place. Metacafe is another video sharing site with a producer rewards program. Break.com also pays for some content according to Lifehacker. Down the road some of the video sharing website may pay more for exclusive access to content. Until then many video content producers will probably try out multiple video sharing websites to see how and where they can earn the most revenue from their videos.