Tuesday, April 10, 2007

LuluTV Drops Subscription Fee

Last year I blogged about revenue sharing at LuluTV, and described the subscription-based plan they were using -- where you paid $14.95 to become a "shareholder", and then all the shareholders split up an 80% share of the revenue generated from the videos on LuluTV.

While that model apparently worked out for a few uploaders (LuluTV's top money-maker made over $10,000 in 3 months), I think a lot of people would've struggled just to break even, or would've been put off by the whole "subscription fee" concept.

So it's great that Lulu has come to their senses and dropped the subscription fee. Now people can upload their videos and get paid a share of the revenue based on the traffic they send to the site.

I think this is a good move for LuluTV, and good news for people who want to make money uploading videos.

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