Have you ever wanted to do some simple video editing such as trimming out the extraneous scenes at the start and end of the video, but wondered why wanting to do such a simple thing turned out to be so difficult?
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Stitching together several videos into a single video
Replacing the video’s soundtrack
YouTube’s online video editor offers extremely simple functionality – which, I think, is exactly the point – a simple tool to do simple things. However, I do expect that as HTML5 technologies mature and become ubiquitous, we may even see professional video editing tools such as Adobe Premiere being ported online just like Photoshop.com
YouTube has announced the launch of CitizenTube, a video news feed developed in partnership with University of California at Berkeley’s Graduate School of Journalism to track (video) news as they are uploaded to YouTube, “with a focus on strong visuals, non-traditional sources and the very latest uploads”.
TechCrunch analysed that while Youtube had previously livestreamed primarily political events, Youtube has since streamed a handful of concerts, Tiger Woods press conference as well as the Indian’s Premier league, and suggests that Youtube is ramping up its livestream capabilities.
I would further suggest that they realised that user-generated 10-min content don’t bring enough dough
According to YouTube’s blog post, YouTube has exceeded over 2 BILLION page views per day, which is nearly double the prime time audience of all three major US TV networks combined. In addition, it was mentioned that 24 hours of video are uploaded to Youtube every minute and that an average user spends 15 min per day visiting YouTube.
Additional statistics and facts can be found on TechCrunch, such as 70% of YouTube’s Traffic comes from outside of US.