From Poynter:
"Google unleashed a beta version of its video-hosting service yesterday. Users can upload videos of any size and Google will host it for free. Amazing as that is, it isn't the most interesting feature. It also will allow you to charge whatever you want for users to download the videos.
"The implications of this are utterly staggering. Any person with a video can now sell that video for any amount they want at no overhead cost. It potentially creates an opportunity for video producers to make a living from their work. The types of files probably will range the breadth of garage-band music videos, indy movies, the inevitable porn, and maybe even news.
"Another angle to consider is the effect this will have on news. If someone captures an incredible event with a camcorder, how many would be inclined to give it to a local news channel for free when they have a free micropayment system to sell it to a worldwide audience?"
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