NYTimes To Use Your Videos; Yahoo to Pay for Videos
This from Red Herring earlier this week:
The New York Times, the gray lady of establishment journalism, plans to begin posting user-generated video in March, an executive said Wednesday.
Times executive Nicholas Ascheim said:
“The most expensive thing is the journalists themselves. That’s why user-generated content is interesting.”
Here is more:
Another panel member, Cyrus Krohn, is director of content production at Yahoo Media Group. Yahoo commissioned a solo reporter, Kevin Sites, to report from global hot spots. But Mr. Krohn said the Internet company also is seeking to work out a “micropayment” system for compensating non-professionals for content submissions.
