A new video-sharing site is offering videographers a share of the advertising dollars that their movies generate, at a time when most video-sharing sites are just trying to eke out a profit.
“The authors of Internet content should be paid for their work and not have it exploited for others’ gain,” said a note posted Monday at Eefoof.com, a site that is still in test mode. “We will send you a percentage of our site revenue via an electronic transfer each month, depending on how well your content has performed.”
The latest challenger to video-upload powerhouse YouTube, Eefoof arrives at a time when more than 150 such companies are trying to figure out how to make money by hosting homemade movies on the Web.
More than a year since its founding, YouTube has not yet fully disclosed what its revenue model will be. Other video-sharing companies, such as Guba, say they are profitable but aren’t generating much cash. Guba expects to see $12 million in sales this year, according to Thomas McInerney, the company’s CEO.
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I like what they are doing here this gives reason to post high quality movies and see some return for your efforts. YouTube to me is similar to myspace except for video fans. I can see this working and others adapting to a similar model.
sign me up