As music sales continue to decline, musicians, labels and artists are trying to figure out how to make money with their art. I believe that attaching advertising to video will be one way to help do it.
YouTube is the most popular video sharing service on the web and Google's AdSense is the most popular system to plug in advertising to web sites for the independent web site publisher. Once Google acquired YouTube, it was only a matter of time before they integrated the two services. I suspect it will be a while before the money you can generate from it will amount to something significant. Advertisers will have to commit more money to this channel, which they are doing, bandwidth costs have to drop (read a Wall Street Journal article about it), which is happening, and you will have to get your video viewed by a LOT of people. But, it is a step in the right direction.
Inside AdSense: Introducing video units AdSense isn't just for ads anymore; it's also a place to get video content for your site -- and earn extra revenue at the same time. Read more
There are some companies that beat Google to the punch and already offer services that integrate advertising with video:
Revver
Video Egg
Bright Cove
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