With the growing popularity of Google Video and YouTube, it is hard for other video sharing service providers to make a name for themselves. There are more problems with this business model. Making revenues from such a portal has become a complicated and tough process considering the bandwidth consumptions for these sites is extremely high.
However, we now have a new player in this market named eefoof.com and the site has announced their decision to share the revenues with the content submitters depending upon how much popular their content is on the web service.
A note posted on this site said: “The authors of internet content should be paid for their work and not have it exploited for others’ gain. We will send you a percentage of our site revenue via an electronic transfer each month, depending on how well your content has performed.”
The service is currently going through a test phase and would provide an alternative for the consumer to generate revenues from the content they develop.