Logo

NY Post

New Amazon Service Reveals Company’s Plan to Become the Next YouTube

May 11, 2016  •  Post A Comment

Amazon has its sights set on being the next YouTube, with Tuesday’s launch of its new Amazon Video Direct service “ratcheting up the rivalry with both Google’s YouTube and Netflix,” The New York Post reports.

“The new Amazon Video Direct gives all filmmakers the potential to upload their content and earn revenue from a number of business models,” the story reports, adding: “Amazon account holders can choose if they want the video to be viewed for free with ads, made available to rent or own, or if it will be only available to Amazon Prime members, the company said.”

Users who want to generate revenue from their uploaded videos can choose among a variety of payment methods, such as royalties determined by the number of minutes streamed, a one-time rental or purchase price or an ad split with Amazon.

Amazon said it will distribute $1 million a month among the makers of clips generating the highest consumer engagement.

amazon video direct

Your Comment

Email (will not be published)