Amazon Launches A New Rival For YouTube

amazonAmazon has launched a self-publishing platform for video creators, a move that could make money for the company and budding filmmakers in the same way YouTube has created a community of online celebrities.

Amazon Video Direct, which kicked off Tuesday, shares money with video creators through the method they choose: ads, subscriptions, rentals, or simply by the number of hours streamed to tens of millions of subscribers of Amazon Prime, its two-day shipping service.

Amazon keeps about half the revenue, or if the video is restricted to Prime, it pays a set fee of 15 cents per hour viewed in the U.S. Several production companies made videos available Tuesday including Baby Einstein, Pro Guitar Lessons and Conde Nast.

“It’s an amazing time to be a content creator,” said Jim Freeman, vp of Amazon Video. “There are more options for distribution than ever before and with Amazon Video Direct, for the first time, there’s a self-service option for video providers to get their content into a premium streaming subscription service. We’re excited to make it even easier for content creators to find an audience, and for that audience to find great content.”

AVD launch partners include: Conde Nast Entertainment, HowStuffWorks, Samuel Goldwyn Films, The Guardian, Mashable, Mattel, StyleHaul, Kin Community, Jash, Business Insider, Machinima, TYT Network, Baby Einstein, CJ Entertainment America, Xive TV, Synergetic Distribution, Kino Nation, Journeyman Pictures, and Pro Guitar Lessons.

“As a major, independently owned and operated motion-picture company, we’re excited to have the ability to distribute our films to Amazon customers around the globe,” saidPeter Goldwyn, president of Samuel Goldwyn Films. “With Amazon Video Direct, we have the control to create the unique distribution strategies that reflect the changing ways in which our audiences discover our films. We can seamlessly make all our movies … available to watch when and where our audiences want them.”

– Billboard

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