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Google wants to turn YouTube into a profit machine
Like it or not, Google must now continually sate its shareholders lust to grow even bigger, and to that end CEO Eric Schmidt has announced their goals for the remainder of the year. One of the most challenging is perhaps to turn YouTube into a cash cow, a plan that brought enough faith into Google that it raised their share value by 4.7% this Wednesday.
But how do they plan to do this? “New products” for YouTube that will be aimed at generating advertising revenue, Schmidt argued. Some hints of this have already been seen, for example with YouTube contributors being able to put their videos in line with advertisements, sometimes even getting a cut as an incentive. But as you can guess, so far this has not been enough.
Monetization continues to be one of the greatest challenges for so-called Web 2.0 services. Some others like YouTube face huge amount of popularity which so far has not helped enough to transform that into dollars. The full interview with Google's CEO Eric Schmidt can be found here.
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Post a comment| steveking on May 21, 2008 2:20 AM | YouTubeRobot.com today announces YouTube Robot 2.0, a tool that enables you to download video from YouTube.com onto your PC, convert it to various formats to watch it when you are on the road on mobile devices like mobile phone, iPod, iPhone, Pocket PC, PSP, or Zune.
YouTube Robot allows you to search for videos using keywords or browse video by category, author, channel, language, tags, etc. When you find something noteworthy, you can preview the video right in YouTube Robot and then download it onto the hard disk drive. The speed, at which you will be downloading, is very high: up to 5 times faster than other software when you download a single file and up to 4 times faster when you download multiple files at a time. Manual download is not the only option with YouTube Robot. You may as well schedule the download and conversion tasks to be executed automatically, even when you are not around. Downloading is followed by conversion to the format of your choice and uploading videos to a mobile device (if needed). For example, you can plug in iPod, select the video, go to bed, and when you wake up next morning, your iPod will be ready to play new YouTube videos. Product page: http://www.youtuberobot.com Direct download link: http://www.youtuberobot.com/download/utuberobot.exe Company web-site: http://www.youtuberobot.com E-mail: support@youtuberobot.com
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