Internet Company to Let Consumers Profit From Posted Videos

From The New York Times - Blinkx, an Internet video search company based in London, will allow consumers to make money from the videos they show on their own blogs, social network sites or home pages if they agree to embed advertising in the videos.

By combining two Internet trends — social networking and online video — with a moneymaking opportunity, Blinkx hopes to better compete with YouTube, the market-leading video-sharing service owned by Google, said the founder and chief executive of Blinkx, Suranga Chandratillake. | Read full article