Google Shares Ad Wealth With Videographers
Rockgod writes to let us know that Google has begun sharing advertising revenue with the makers of a popular video clip. From the article: "[This] is a groundbreaking deal that could drive up the costs of competing in the fledgling video-sharing sector. The search company has agreed to turn over most advertising revenue generated by the latest video from Fritz Grobe and Stephen Voltz, creators of 'The Diet Coke & Mentos Experiment,' according to Peter Chane, a senior product manager for Google Video."
Their new video is awesome. So much time must have gone into creating the videos, they deserve a bit of coin for their efforts.
Everyone, I love U.M.
Thank you and goodbye.
Hopefully we'll see less crap on YouTube//Google Video.
Congrats google, you've set the stage for a new era in digital video on the web. If the creators have the monetary incentive to produce their film, then there's a good chance that they start producing higher quality videos more often. Now, we just have to ask ourselves, why didn't youtube think of this in the first place?!?
Now that this precedent has been set, every idiot with a camera is going to make even more crappy videos hoping to be noticed by Google and the like and cash in.
In a world of acronyms, the words are the real victims.
In the numerous other places it's been tried (google is far from the first here), is that there's nothing stopping 500 people from uploading the same popular video.
Then Google gets to become arbitrator and try to pin down who the video really belongs to.
This should be fun.
I bet the Motion Picture industry will be thrilled with this one. Someone other than them getting paid for creating video content, and now it's not copyrighted material that *they* own. Though it'll be interesting to see how, if at all, this affects the EULA for google video with regards to your copyright or possible release of it.
How are sites slashdotted when nobody reads TFAs?
Time to get those Rob and Kath honeymoon vids up on Google Video! =)
"uh! uh! uh! uh! uh! uh! UH! UH! UH! UH! UHHHHH!! AAAAHHHHH!!"
"Oh that was awesome, Babe!"
"Uhhhhhh huhhh huh-uhhhhhh..."
"So many cool electronic gadgets and anime vids in one place, at such prices! Thanks for carrying them up the stairs, Babe."
A feeling of having made the same mistake before: Deja Foobar
Who negotiated with The Coca-Cola Company and Perfetti Van Melle Corporation?
Okay - on one hand we have a bit of commercial news that Google are starting to share revenue. Interesting, I'm sure, but not groundbreaking. I expect a few more changes in the online video market in the next 3-5 years.
On the other hand, we have a couple of geeks who set up a cascade of diet-coke fountains and made a video from it! This is Slashdot! It's meant to be "news for nerds, stuff that matters"! What could be more important than violent chemical reactions?
He's probably doing it now as he's reading /.
My story was rejected earlier but this apppears to be real story and this story is somewhat tied into it.
A lot of the more Famous YT'ers have been getting revenue for thier work from various places. One of those a vlogger called littleloca.
In a recent video littleloca was complaining that too many people where cheating and pushing her down off the popular pages (most viewed/most discussed/etc).
Another vlogger posted a video about how littleloca herself had cheated for some time and was still cheating. In fact she got money for cheating.
Now the proof video appeared in top rated videos and then suddenly disappeared. If you check the stats it should still be visible but isn't. A large number of similar "cheater!" videos also disappeared.
If you subscribe to the director of the accusation video and check the subscriptions you will see that the video has been flagged by YouTube in such a way that it never shows up in your subscriptions either unless you directly click on the directors name.
It appears that youtube are doing this to a large number of videos to hide any videos that may put YouTube in a bad light from appearing. But it is done in such a way that you would obviously notice it.
Basically, another form of clickfraud and poor way to hush it up. I am surprised google haven't done anything about it.
There are definitely a few problems I can see with this, that have already been pointed out. And of course this is really cool for people making new content from their home (which has already been pointed out). But I wonder what affect this will have on the media industry. Will media that's previously been forced off the site by the copyright owner now be posted to the site by the copyright owner? Does this mean Comedy Central will post clips of the Daily Show and the Colbert Report now that they can make money from it? If Google works out the potential problems, this could be really cool.
Looks like Stephen Colbert wasn't so far off after all!
Smoke me a kipper, I'll be back for breakfast.
Prior to this my film group has been holding out and hosting the videos ourselves because of the crappy quality of the flash videos. But with this we might actually be able to make some money so our next film could have a budget. As of now everything comes out of our pockets. We just made a tv pilot on ten dollars.
Affiliated
Yeah, about that well.
Plus, telling you who was first doesn't tell you who owns it...
May I be the first to say that she will always stay in my memories...covered in hot grits!
(got to remember that PA button)
didn't MythBusters do the coke/mentos thing like a year ago?
"One man's "magic" is another man's engineering."-- Robert A. Heinlein
A lot of great content providers host their own data so that they can milk the advertising potential of it. Once it gets out on youtube it is out of their hands. Now Google is certainly dominant in the ad market, so in reality they would have been paying money out to the people who didn't want their data on google-video (now youtube). This is a very clever way to change the model with which money changes hands (same bottom line for google?) and yet place the content in their portal (in this case youtube). Seems like common sense to me! Perhaps a wealth sharing venture with a database as popular as youtube will wind up having a profound impact on the web-enabled income models and ad-sense type programs of today. Take the advertising burden back off of the individual, reduce overal complexity and maintanence costs of rolling out these models by saying 'listen, just put it on youtube and you still get paid'. Will popular web sites bite and give up their golden eggs? This would certainly serve to reduce WWW bloat and overhead, but also puts all the cards in fewer hands (aka the conventional media tycoons of today). Neil Stephenson's Library of Congress? Really good, or really bad? Tough call!
Or life with a MBA.
It's 95% how your present it, not what it is...
Lulu.tv has been doing this for a while now. They're just jumping on the bandwagon....
Without RTFA it is absolutelly impossible to figure out what the Slashdot post is about - what video, whom does Google pay, what for... Citing first 2 sentences from the original article does not make it a good post. This is not how news description should look like.
will show up. They will not break the terms of service and the owners will want to get paid for advertising themselves.
I wonder if Google will apply their smart pricing technology to the ads they display, or are AdSense publishers special in that regard.
Is video traffic any more likely to convert...?
So how much money has loose change and alex jones made?
'The Diet Coke & Mentos Experiment' video was such a disappointment. I was expecting him to eat the mentos, down the DC and then start jumping up and down. I'm not sure which advertisers would wish to be associated with that though...
Theres already a video site that pays content creators, called revver
check out revver.com