YouTube to share revenue with users - East Valley Tribune: Business

YouTube to share revenue with users

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Posted: Saturday, January 27, 2007 9:02 am | Updated: 6:43 pm, Fri Oct 7, 2011.

DAVOS, Switzerland - Chad Hurley, co-founder of YouTube, said Saturday that the wildly successful site will start sharing revenue with its millions of users.

Hurley, who along with the site's co-founders sold YouTube to Google for $1.65 billion in November, said one of the major innovations the site is working on is a way to allow users to be paid for content.

"We are getting an audience large enough where we have an opportunity to support creativity, to foster creativity through sharing revenue with our users," Hurley said at the World Economic Forum. "So in the coming months, we are going to be opening that up."

Hurley gave no details of how much users would be paid, or what mechanism would be used.

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