YouTube has a challenger: eefoof.com, a site that promises to return a share of earned revenue to users who upload video clips that attract large audiences. Saturday saw the launch of eefoof.com, a
new video-sharing site that has emerged at a time when most video-sharing sites are trying to figure out their business model. Video sharing has become one of the hottest trends in media; every day,
people from all over the world post homemade video clips at one of more than 150 sites. Even if these video clips attract large audiences, producers are not compensated. But they should be, says Kevin
Flynn, eefoof CEO. YouTube, the runaway leader in the space for over a year, has yet to fully disclose what its revenue model will be. Analysts are skeptical that eefoof will be able to support itself
by giving videographers a cut of revenues. But video-sharing sites are looking to attract more compelling content--and offering producers a way to make some money could help the site attract
higher-quality videos, if not more usage. Once a month the company tallies the number of page views for each submission. The company then looks at overall traffic and calculates the percentage of page
views generated by each submission. Then they divide the ad revenue accordingly, although the specific percentages were not disclosed. Once a user's account exceeds $25, eefoof users receive a PayPal
transfer. The company says it won't pay someone for uploading copyrighted content.
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