LuLu.TV Offering Pro Paid Vlogger Model
If creators of homemade Internet video get tired of producing something for nothing, they can post their work on Lulu.tv. Bob Young, the chief executive of Lulu Enterprises who also started the open source software company Red Hat, said Lulu.tv was an experiment inspired by the traditional television broadcasting world, where the networks buy shows from producers, and shows succeed or fail based on the ratings.
The Web site, which lets people upload and watch video clips, said last week that it would begin charging a $14.95 monthly fee for a “pro” account and putting 80 percent of that money into a special fund. Each month the money will be distributed among the video creators, with the biggest share going to the person who attracted the most viewers.
Free accounts with fewer features will be available, but those users will not share in the revenues. To get the process moving, the company is priming the pot with $5,000.
Full Story Via: NYT
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