Google Video Runs Ads & Shares the Profits

god4twenty writes "Google announced yesterday that they are testing ads on videos on the Google Video service, matching capabilities that other video services have had for a while. Up to now, Google Video uploaders could make their video available either for a fee or for free. The new ad-laced videos are available on Google Video's "free today" section. The new ads appear as banners above the video.

When the test concludes, Google plans to run auctions where advertisers bid to have their ads displayed on each video. The ad revenue will be split with the video owner. " Time for me to start collecting phat bank from the videos I have up there.