YouTube Pays For Videos Clips

This is no joke that YouTube pays its users for their video clips, this decision was made after the website was bought by Google for the price of $1.6bn. The users will receive some portion of advertising revenues collected from the page containing their videos. The video clip can be anything from a home video to a snippet of TV shows, music gigs or even be a sports event. This has attracted many big shots of recording industry, including Universal, which has signed a deal with YouTube to distribute clips and protecting the rights of their artists.

Mr Hurley, who started YouTube, said: "Our community has played a vital role in changing the way that people consume media. By joining forces with Google, we can benefit from its global reach and technology leadership to deliver a more comprehensive entertainment experience for our users."

Sounds like good deal.

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