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YouTube co-founder says site will begin sharing revenue with users in coming months

YouTube co-founder says site will begin sharing revenue with users in coming months

YouTube co-founder Chad Hurley, one of the world's newest and youngest multimillionaires, announced Saturday that the wildly successful site will start sharing revenue with its millions of users.
Hurley, who became fantastically rich in November when his company was bought by Google for US$1.65 billion, 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.


Updated : 2021-06-15 08:54 GMT+08:00