YouTube announced that it will soon allow people to earn from videos posted on the online video hosting service. This is not a new idea. Actually, BlipTV was first to announce such an idea, but apparently YouTube is in a better position to make money because of its current traffic/subscribers.
Read the BBC story.
People who upload their own films to video-sharing website YouTube will soon get a share of the ad revenue.
YouTube founder Chad Hurley confirmed to the BBC that his team was working on a revenue-sharing mechanism that would “reward creativity”.
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.