Info: January 29, 2007 Posted by: Darwin Hall 0 comments

Do you think you can turn a buck from a video clip? Yeah, yeah, I know you are saying that ” if the market this”, and “if it’s targeted that”, but I think those of you who can smell the coffee, need to take a big drink from this YouTube Java. This will be an incredible revenue machine for the tech creative. I’m drooling just thinking about it.

YouTube has come up from being the 10th biggest web property in the world to number 4 in the past 6 months. And ranked # 1 as far as Seth Godin’s Web 2.0 traffic Watch is concerned.
webrank

Here is a quote from Chad Hurley, co-founder of YouTube:

One of our recent announcements, we are developing technology, we are implementing audio fingerprinting, we will be able to identify the music that people are using in their videos, when this music is identified, the labels will be notified they’ll have the ability to claim that content and generate revenue against that piece of video content, and then the user has a free and legal way to be creative, its really opening up a market that didn’t exist before. Music that people would mix to videos…with our platform they will have a new market opportunity to generate revenue with that material.

I’m sure Lee Dodd will have something enlightened to say about this.