Friday, March 18, 2011

Entrepreneurs to the Rescue: Sell Your News Video Hot Scoops to the Majors

Do you have the next hot news video that will go viral on the internet?

A group of entrepreneurs has launched Citizenside, which collects and syndicates amateur videos to professional news organizations.

Citizenside gives up to 65% of the income from any sales to the person who filmed the event. According to the company, most scoops are sold to media outlets for between €200 and €2,000.

A a grainy video of British fashion designer John Galliano conducting an anti-Semitic rant sold for six figures, according to the company.

WSJ has the full story here.

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