YouTube to Spread Wealth with Content Creators

AP is reporting that YouTube co-founder and CEO Chad Hurley has announced that the video sharing behemoth will start sharing profits with video uploaders. While no model is yet in place, this is fantastic news for video producers everywhere. With the insane amount of traffic that goes through the YouTube servers, this could be a worthwhile outlet for the starving filmmaker to not only get exposure, but even get paid for it! Only time will tell if the effort spent creating is worth the payoff--or if there really is one.

On a side note, Scott Kirsner of CinemaTech has just updated his list of websites that pay video producers for their work. Check it out to see if something on this list fits your style.