Google To Stop Selling Videos Starting August 15!

Just last week announced that it would be closing down paid google videos and now NYT reports that Google Is Closing Its Video Retailing Operation.

Based on information users recievde the NYT informs that apparently the search giant will stop its download-to-own and download-to-rent programs starting from the 15th of this month. Since 2006, Google Inc has been retailing shoes like "Survivor".

“Google’s decision to close the retail part of its video site indicates the company had less success selling content than attracting advertising spending, which accounts for 99 percent of revenue. The purchase of YouTube, where the videos are all free, catapulted Google from seventh to first among video-sharing providers on the Web.”

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