The market for online video content is getting noticeably bigger and a giant like MySpace cannot afford to fall behind the competition, which includes YouTube, Joost and many more. Advertising revenue is seen by content providers as a new source of revenue for video content, but so far, sites like YouTube have been filled up with unauthorized clips by users, making them a less attractive option for content providers.
Source:
Yahoo
Written by: James Delahunty @ 15 May 2007 18:38