Photobucket and Yahoo Video already offer similar services to users. Yahoo acquired Jumpcut last September, a pioneer in Internet-based editing tools. Photobucket launched an Abode-branded editor back in February. The online editing tools cater well to amateurs, particularly users who have just discovered digital video production in general.
Sites like YouTube have sparked a broad interest in the creation of professional-looking videos, with users of the sites often competing with each other or commenting on each others video editing/effects skills. This has created an opportunity for the developers of video editing software to market low-priced tools that can perform tasks that would cater well to amateur web video creators.
Source:
News.com
Written by: James Delahunty @ 16 Jun 2007 17:32