Clarification of Question by
26 Nov 2006 12:51 PST
Here are a couple of articles presenting background on ad revenue sharing:
(Bill Gates talking about it)
(YouTube looking to share online ad revenue)
"YouTube users could be paid for their video clips after the popular
website was bought by Google for around $1.6bn (£900m).
Those who upload clips will get a slice of advertising revenue on the
pages containing their videos.
Google fought off arch-rival Yahoo! in one of the biggest ever Internet deals.
The sale has made instant multimillionaires of creators Chad Hurley
and Steve Chen, who launched the site 19 months ago from a California
Up to now the two have been running the company on credit card debts.
Last night's deal is expected to make them instant multi-millionaires
and deliver huge windfall's to the company's 67-strong workforce.
YouTube has become one of the most popular sites on the web with more
than 100 million video clips viewed every day by an estimated 72
Clips range from bizarre home videos to snippets of TV shows, music
gigs and sports events - many apparently breaching copyright laws.
In recent weeks, several major record companies, including Universal,
have signed deals with YouTube to distribute clips and protect the
rights of their artists.
Mr Hurley said: "Our community has played a vital role in changing the
way that people consume media."
"By joining forces with Google, we can benefit from its global reach
and technology leadership to deliver a more comprehensive
entertainment experience for our users."
Google chief executive Eric Schmidt plans to turn a profit by adding
adverts to the site.
Internet experts suggest that Google's YouTube coup may put pressure
on Yahoo to buy Facebook.com, the Internet's second most popular
Yahoo reportedly has offered as much as £790 million for Facebook
which is widely used by UK university students, and students across
the globe, to post information about themselves and share with
These are the big guys talking about it. There are smaller sites that
are already doing this. I'd like to see a list of about 15. It would
require some creative search terms on Google to find discover some of