Youtube wannabe Metacafe launching a new service called Producer Rewards which will offer cash payouts to video creators who upload the most interesting and entertaining clips.
After a video reaches 20,000 views on Metacafe, the video creator starts receiving payments of $5 per 1,000 views. 2 million views? 10,000 dollars. One participant earned $23,000 after his video was viewed 4.5 million times.
Other video websites like Yahoo Current Network, Revver, Break.com have begun compensating their most creative uploaders. Youtube has yet to institute a model for paying users who submit the most entertaining videos.
Is youtube at risk ??? What do you think???
via Wired News
Technorati Tags: metacafe, producer rewards, youtube, money, online video
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