User-created Video: YouTube vs. Revver

John Paczkowski writes at Good Morning Siilicon Valley about user-created content. He mentions a factoid (from Business Week) that’s mind boggling.

[tease] (emphasis added)

Here’s a metric to chew on: YouTube accounts for 60 percent of all online video viewing. That’s an astonishing achievement for a site just 17 months old, but one that’s not without its problems — two in particular: copyright and artist compensation. In July, Robert Tur sued YouTube after video he shot of the beating of trucker Reginald Denny during the 1992 Los Angeles riots was posted to the site without his permission.

Read the whole article (especially how YouTube pays zero for user-created videos, while Revver pays enough that two guys made $30k recently)

Me? I’m off to CostCo tonight to buy a video camera. I’m thinking some “reality TV” style clips taken at the start-up where I work might be a real hit.