The Inquirer states that Google is working on an updated version of Google Video where users don’t have a limit on upload size, opening the door for high-resolution video and the end of the pixelated online videos we are all so accustomed to. Google might be onto something. As of recently, YouTube’s (Google’s primary competitor) bandwidth costs for their enormous popularity and the viral qualities of the videos it hosts are roughly $1 million USD per month. I can guarantee you they don’t make that money back in advertisements. YouTube seems to be sustaining itself merely on the 11 million dollars in funding it received from venture capitalists. If YouTube slacks a bit, Google will snatch up the top spot with this upcoming service.
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I’d like to see this from Google. I’d really like them to get the quality of video up to that that Apple uses. That is, their trailers and “behind the scenes video”. Their Quicktime app really impresses me as well as the actual quality of each video. It’s where internet video should be.
It does amaze me that so many “Web 2.0″ companies are seemingly thriving with no apparent long-term revenue plans. But, it seems logical that with the brilliance and creativity that fostered sites such as YouTube, there are a few busy brains working behind the scenes on plans to be truly profitable in the next year.
Good service from google