Tuesday, January 30, 2007

YouTube to Share Some Ad Revenue with Users

By Reuters

NEW YORK—YouTube co-founder Chad Hurley said the leading online video service is mulling a plan to share advertising revenue with users who contribute to the site, according to a user clip and media reports from Davos, Switzerland.

"In terms of paying users revenue against the content that they are uploading, we definitely are going to be moving in that direction," Hurley said in video recorded in Davos, by a YouTube user and posted on the site.

"We feel we are at a scale now that we will be able to do that and still have a true community around video."

Hurley, who spoke during a session at the World Economic Forum gave no details on how much YouTube, the leading online video sharing site that was bought by Internet search leader Google Inc. last year, might pay users.

The annual meeting of the World Economic Forum takes place January 24-28 in the Alpine ski resort of Davos and is attended by top politicians, monetary policymakers and senior business executives

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