It has been said once before and it will be said again; social enterprise is the future of online media. Social networking websites such as Facebook, Google Plus and Twitter have given users the ability to share content in a competitive micro blogging industry but with little hope of a future beyond one hundred and forty characters.
This has lead top angel investors and internet entrepreneurs alike to beg the question: what?s next for social? Chad Hurley, the co-founder of Youtube believes online video combined with the aspect of social media sharing is the gateway toward the future.
The following is reported by Ryan Tate from Wired:
Chad Hurley is within a month of launching a collaborative online video startup, the YouTube co-founder said at the South by Southwest festival this weekend. The disclosure is one of the clearest signs yet that video distribution networks are becoming more and more like social networks.
In an on-stage conversation with Digg founder Kevin Rose, Hurley said his collaboration startup is ?primarily video-based ? and gives flexibility for people to work together and create content,? according to Adweek. He added that it?s about a month from launch.
Hurley?s launch comes as his prior startup YouTube itself becomes more collaborative under owner Google. YouTube this past fall opened a 41,000-square foot studio in a former Los Angeles aircraft hangar, where amateur video producers can work with one another and use professional-grade equipment. YouTube is also working to make its comment section more socially sophisticated, with more real names and higher-quality feedback.
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