YouTube is now experimenting with videos longer than 10 minutes (current limit) and extending the storage capacity to 1GB – this equates to around 80 minutes of standard definition video. It’s limited to YouTube’s “content partners” at present but has the potential big to explode into far greater things.
Content partners received the following in an email:
Long Form Content
You now will be able to upload and monetize videos in your account that are longer than 10 minutes. This feature is exclusively for partners. Independent Film makers that partner with us will now be able to upload their feature films on our site. Please note that for long form content, the maximum file size is 1GB.
The long term aim will be to monetize videos with ads running before, after and, in one format or another, during the replay of the video. This may well create a situation where Hollywood blockbusters are available for viewing free of charge so long as the viewer is prepared to watch the ads as well. I don’t there will be a lot of resistance when the word ‘free’ is used.
For advertisers, the opportunity to access virtual cinema at probably a fraction of the cost of cinema or tv advertising will be quite appealing. The concept of free viewing in exchange for included advertising is not new to media marketers and I am sure they will find way to capitalize on the concept fairly quickly.
It will be interesting to see how it pans out in the longer term. If Google can see an increase in revenue then it wont be long and the file size limitations will be changed to include quality high definition videos from the top studios. The revenue may well flow then.
