YouTube Cofounder Plots New Video Service


One of YouTube’s original founders is set to launch a potential competitor (or perhaps cooperator?) to the online video behemoth. Chad Hurley, who exited the company after selling it to Google in 2010, is planning to launch a new video collaboration platform.  

"I wish [South by Southwest] was a month later because I could unveil the new product," Hurley said during a Q&A with Digg founder Kevin Rose at the SXSW event in Austin, Texas, as reported by AdWeek.

He did say, however, the new service will be "primarily video-based...and gives flexibility for people to work together and create content."

Collaboration and crowdsourcing will figure prominently in the new service, he said. But the platform is likely to act somewhat as a complement to YouTube, rather than an adversary.

“We're not setting up to [kill YouTube]—now…There’s always going to be a place for YouTube."  

It may be time for some fresh thinking in online video: According to the latest comScore Video Metrix round-up, online viewing of videos and attendant ads are starting to decline slightly. In January, nearly 180 million U.S. Internet users watched 36.2 billion online content videos as well as 9.1 billion ad views.

But that’s a decline from the month before, when 182 million users watched 38.7 billion online content videos and 11.3 billion ad views.

Overall, 83.5 percent of the audience viewed online video – down 1.4 percentage points month-on-month.

Google Sites, driven primarily by YouTube, dominated the market with 150 million unique viewers and 12.3 billion video content views, and had the highest average engagement among the top 10 properties.

On the ad side of things, though, Google took the top spot but fell below the two billion mark to 1.8 billion ads.

TechZone360 Contributor

Related Articles

Coding and Invention Made Fun

By: Special Guest    10/12/2018

SAM is a series of kits that integrates hardware and software with the Internet. Combining wireless building blocks composed of sensors and actors con…

Read More

Facebook Marketplace Now Leverages AI

By: Paula Bernier    10/3/2018

Artificial intelligence is changing the way businesses interact with customers. Facebook's announcement this week is just another example of how this …

Read More

Oct. 17 Webinar to Address Apache Spark Benefits, Tools

By: Paula Bernier    10/2/2018

In the upcoming webinar "Apache Spark: The New Enterprise Backbone for ETL, Batch and Real-time Streaming," industry experts will offer details on clo…

Read More

It's Black and White: Cybercriminals Are Spending 10x More Than Enterprises to Control, Disrupt and Steal

By: Cynthia S. Artin    9/26/2018

In a stunning new report by Carbon Black, "Hacking, Escalating Attacks and The Role of Threat Hunting" the company revealed that 92% of UK companies s…

Read More

6 Challenges of 5G, and the 9 Pillars of Assurance Strategy

By: Special Guest    9/17/2018

To make 5G possible, everything will change. The 5G network will involve new antennas and chipsets, new architectures, new KPIs, new vendors, cloud di…

Read More