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YouTube to share revenue with users

SAN BRUNO, Calif., Jan. 29 (UPI) -- California's Google Inc. plans to share ad revenues from its YouTube video-sharing site with the people who submit videos, a YouTube executive says.

YouTube co-founder Chad Hurley says the company plans to introduce the system within months, The Financial Times reports.

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He says YouTube has not yet decided how large payments to users will be.

Hurley says YouTube had resisted this business model, used by Revver and other smaller competitors, because "we didn't feel it was a great way to build a community. We wanted to keep it pure."

But since being taken over by Google for $1.65 billion, "we are getting an audience large enough where we have an opportunity to support creativity, to foster creativity through sharing revenue with our users," he says. "So in the coming months we are going to be opening that up."

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