Google has begun sharing advertising revenue with the makers of a popular video clip in a deal that could drive up the costs of competing in the fledgling video-sharing sector while rewarding successful vloggers.
The search company has agreed to turn over most advertising revenue generated by the latest video from Fritz Grobe and Stephen Voltz, creators of “The Diet Coke & Mentos Experiment,” according to Peter Chane, a senior product manager for Google Video.
In exchange, Grobe and Voltz, who saw their original offering–which shows a version of Vegas’ Bellagio Fountains made of 101 2-liter bottles of Diet Coke and 523 Mentos–catch fire with video-sharing fans last summer, have agreed to let Google host their latest video, “The Diet Coke & Mentos Experiment II.”
via CNET News.com
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