YouTube Unveils eCommerce Platform
SAN BRUNO, CA -- (MARKET WIRE) -- 10/08/08 -- YouTube, the leading online video community
that allows people to discover, watch and share originally created videos,
today announced a collaboration with iTunes and Amazon.com that offers the
YouTube community direct access to buy and download music, games, and other
products with a few clicks of a mouse. This is a first step to building a
broader eCommerce platform for content partners and users on YouTube.
The YouTube eCommerce Platform will be rolled out on a larger scale over
the coming months to allow partners across all industries including music,
film, TV, and publishing to generate additional revenue from their content
beyond the advertising we serve against their videos. Just as YouTube
users can share, favorite, comment on, and respond to videos with a single
click, now users can click-to-buy products -- like songs, books and movies
-- related to the content they're watching on the site.
"YouTube content partners now have the ability to promote and monetize
their content in a new and exciting way and create a deeper distribution
channel for their content online," said Chad Hurley, co-founder and CEO,
YouTube. "Our goal is to improve the overall YouTube experience by
connecting consumers with relevant information and entertaining content.
The addition of retail links will enhance the viewing experience and allow
people to engage more deeply with the content they want to consume."
"Amazon.com is always looking for new ways to make discovering and buying
products as convenient as possible for our customers, which is why we're
excited to collaborate with YouTube," said Scott Merlino, Senior Manager,
Amazon Associates Program (Amazon's affiliate marketing program). "Now in
the context of the YouTube experience visitors will be able to discover and
purchase products from Amazon.com that are relevant to the content they are
viewing."
Non-obtrusive retail links to buy songs from iTunes and Amazon.com will
appear on the watch pages of authorized video content from companies such
as EMI Music. YouTube users watching music videos from their favorite
artists will be able to click on buttons that link to the corresponding
pages on iTunes and Amazon MP3 where they can buy and download that music.
Those partners who use YouTube's content identification and management
system can also enable retail links on claimed videos that they choose to
leave up on the site.
The YouTube eCommerce Platform is currently available in the United States.
Over the coming months, the platform will be expanded internationally.
The iTunes Store is the world's most popular online music, TV and movie
store with a catalog of 8.5 million songs, over 30,000 TV episodes and over
2,500 films including 600 in stunning high definition video. With Apple's
legendary ease of use, pioneering features such as iTunes Movie Rentals,
integrated podcasting support, iMix playlist sharing, the ability to turn
previously purchased tracks into complete albums at a reduced price, and
seamless integration with iPod and iPhone, the iTunes Store is the best way
for Mac and PC users to legally discover, purchase and download music and
video online.
Amazon MP3 is Amazon.com's digital music store that offers over 6 million
DRM-free MP3 songs from all four major music labels and thousands of
independent labels that can be played on virtually any hardware device and
managed with any music software.
About YouTube
YouTube is the world's most popular online video community allowing
millions of people to discover, watch and share originally created videos.
YouTube provides a forum for people to connect, inform and inspire others
across the globe and acts as a distribution platform for original content
creators and advertisers large and small. YouTube, LLC is based in San
Bruno, CA, and is a subsidiary of Google Inc.
Media Contacts:
Jennifer Nielsen
YouTube
press@youtube.com
01/01/00 12:00