References: theregister & gizmodo
In what could be a revolution for the little guy, YouTube is considering paying popular video producers for their uploads. This has the potential to change the source of our entertainment. As soon as one of these producers creates the next "Friends" or "Seinfeld", lookout corporate television. Now with the lure of money, it's only a matter of when.
Implications - YouTube is popular now, but if a hit series started to become available for free, people are going to go wild with excitement. If more people start watching television on the Internet who knows what will happen to real television? Knowing that they can make money off of YouTube, producers will surely be trying to create unique new shows that will gain a wide audience.
Implications - YouTube is popular now, but if a hit series started to become available for free, people are going to go wild with excitement. If more people start watching television on the Internet who knows what will happen to real television? Knowing that they can make money off of YouTube, producers will surely be trying to create unique new shows that will gain a wide audience.
Trend Themes
1. Payment for Youtube Uploads - The potential revolution of YouTube paying popular video producers could disrupt the entertainment industry by attracting more creators and changing the way audiences consume content.
2. Shift From Corporate Television to Online Platforms - As YouTube becomes a potential source of income for video producers, there could be a shift in audience preferences, leading to a decline in traditional television viewership.
3. Increased Competition in Online Video Content - The possibility of payment for YouTube uploads may spur a wave of innovative and unique shows, intensifying competition among creators on the platform.
Industry Implications
1. Online Video Streaming - The rise of payment for YouTube uploads can create disruptive innovation opportunities in the online video streaming industry, with potential for new business models and revenue streams.
2. Television Broadcasting - The potential shift in audience preferences towards online platforms due to YouTube paying popular video producers could disrupt the traditional television broadcasting industry, forcing networks to adapt to changing viewer habits.
3. Content Creation and Production - The prospect of earning money through YouTube uploads can drive disruptive innovation in the content creation and production industry, encouraging creators to experiment with new formats and storytelling techniques.
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