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YouTube Rentals for All

YouTube experimented with renting videos on its site during the Sundance Film Festival in January. In the ten-day test, reports said they netted about $10,000 from the four films.

Apparently that was enough to impress YouTube. Recently they opened the rental program to many publishers. Barry Schwartz blogs at Search Engine Roundtable that he found an “Enable Rental” option in his account the other day. Clicking the button let him edit the revenue sharing options to his video to include rentals.

YouTube is letting its publishers set their own rental length (ie the amount of time users will have to view the video, 24 hours to unlimited), as well as rental price ($0.99US to $19.99US). YouTube has to approve the video for rental. Until it’s approved, the video is labeled “Video submitted for rental consideration” in the publisher’s account and available for free on YouTube.

Barry points to a YouTube help forum on the January rental program for more details. Naturally, the comments are home to several complaints, mostly about the original rental test run. However, two users complain of problems with removing videos from the rental program—one had all ads disabled on his video after he removed it from the rental program, making it impossible to make money from, and the other accidentally deleted his videos when trying to remove them from the rental program. So be careful out there.

There’s no official word on the exact revenue split for YouTube and the content publisher.

What do you think? Will you rent or offer videos for rental on YouTube? What kind of revenue do you think the company is seeing from this?

  • http://www.bigpictureweb.com Josh Braaten

    When Netflix came out they pretty much caught the brick-and-mortar video chains completely off-guard, hence the quick gain of the company. Will this type of service be much of an improvement over Netflix? What demographic would they go for? Could they steal more from the Netflix crowd, remaining brick-and-mortar faithfuls or maybe the Redbox market? It should be interesting to see how this changes the scene.
    .-= Josh Braaten´s last blog ..Tracking Blog (or Website) Leads with Google Analytics in 1-2-3 =-.

  • http://www.ipu.co.uk Kinkazu Jan

    As usual Google makes money on something that nobody else couldn’t do. it is just amazing how that company expands over the world.