January 29, 2007

YouTube To Share The Wealth

by Piers Fawkes

YouTube is to offer a share of advertising revenue to users who upload their content - just like rival service Revver does. The independet reports that Chad Hurley, co-founder of the site, told an audience at the World Economic Forum in Davos:

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

Independent Online Edition > Business News

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