Video Sharing Websites - MySpace, YouTube, and others are transforming the Internet into a Video Experience.


YouTube is now owned by Google, which just got hit with a very large lawsuit for allowing copyrighted videos to be uploaded to the YouTube website.  Watch below...

 

YouTube, which was founded in February 2005, has become the Internet's most popular video clip website.  It was purchased by Google in 2006 for 1.6 billion dollars, and gave Google a stronghold in the video sharing market in order to compete with MySpace's increasing popularity. Given Google's dollar muscle, MySpace will find herself facing, for the first time, real competition from the world's fastest growing company.  The lawsuit above just adds another wrinkle in the big video sharing website providers.

YouTube contains well over 100 million videos, mainly short length videos which are uploaded by users every day.  Earlier this year, I went signed up for a MySpace account - as well as a YouTube account.  Both of these websites are classified as Web2.0.  Web 2.0 is a newer version of the Internet which relies more on interactivity between the website and its users, rather than the old Web1.0 - which was mainly associated with the internet "surfer" just passively reading static webpages.

With advances in computer processing speed and the spread of broadband, videos are destined to be much more important as a communications vehicle within the Internet.

If you are interested in the emerging video technologies on the Internet, please bookmark this website.  www.VideoSharingWebsites.net is going to highlight some of the interesting articles and specific news stories regarding the sharing of videos on the Internet.  Thanks for stopping by!