Google to share YouTube revenues with users

Internet giant Google plans to share advertising revenues from YouTube with users of the video-sharing website.

The Financial Times (FT) quoted Chad Hurley — the co-founder of YouTube who sold the site to Google for 1.65 billion dollars (1.28 billion euros) last year — as saying it would introduce the system within months.

Hurley spoke to the paper at the weekend on the fringes of the
World Economic Forum in Davos, Switzerland.

Hurley told the FT that YouTube had not yet decided how large the payments would be but pointed towards Google’s rapidly growing advertising revenues.

Related Posts

1. Google to Buy YouTube.com?
2. Google Buys YouTube for $1.65 Billion, Grabs Lead in Web Videos
3. Viacom Demands That Google Pull More Than 100,000 Clips From YouTube; Site Is Complying
4. YouTube hopes to go mobile
5. Google ad revenue ‘to surpass TV’