Good news for indie filmmakers - YouTube is opening its doors to long-form independent films. While it's not quite a free-for-all yet, it does bode well for those filmmakers who want to promote their films by giving them away as streaming video. As discussed previously, making your film readily available to view for free can actually increase your sales. YouTube also plans to sell advertising overlaid on the films, the revenues from which would be split with the filmmaker.
From the Silicon Alley Insider:
YouTube (GOOG) added some new details Wednesday night on its plan to make indie film and other long-form video part of the menu. Namely, a dedicated area within YouTube called "The Screening Room" that will host indie film, and offer tools to help producers build an audience and generate revenue.
YouTube will add four new indie films every two weeks--including some that have appeared in film festivals and others that have never been seen before.
Details on how YouTube plans to make money, or allow famously cash-strapped indie producers to make money, are thin. A press release said "The Screening Room" will include a "Buy Now" button allowing filmmakers to link to Web sites that sell DVDs and digital downloads of their films, as well as what it calls a "high quality" player to watch on the Web.