For our new experiment with Blog 2.0 we at Portal-A decided to not just aggregate interesting online video content for our fans but more broadly to provide a glimpse into our online world, providing our readers with a window into our own daily journeys on the internet superhighway. While we’re all video guys, we recognize that there are an unlucky few of you who aren’t allowed to wear headphones at work and you too need some daily infotainment.
One story that has caught my eye lately has been YouTube’s push to enter the local news world. The basic concept is that you enter your location and YouTube’s engines suggest a host of videos about/from your area. The big question here is: will YouTube serve to level (and democratize) the playing/reporting field in the news broadcasting world in the same way that the growth of blogs transformed the field of print media? Or, will YouTube simply aggregate content from local newscasts, drive viewers away from the actual TV shows, and skimp pennies on the dollar in the process?
From the great team at ViralBlog.com: (Read full article here)
“YouTube is on the move. It was recently caught on going 3D, now it adds local news to it’s video sharing platform. Will YouTube become the biggest broadcaster on earth? Or should I say “narrowcaster”?
With its ability to collect articles and sell advertisements against them, Google has already become a huge force in the news business — and the scourge of many newspapers. Now its subsidiary YouTube wants to do the same thing to local television.
YouTube, which already boasts of being “the biggest news platform in the world,” has created a News Near You feature that senses a user’s location and serves up a list of relevant videos.
In time, it could essentially engineer a local newscast on the fly. It is already distributing hometown video from dozens of sources, and it wants to add thousands more. YouTube says it is helping TV stations and its other partners by creating a new — but so far not fiscally significant — source of revenue. But news media companies may have reasons to be wary. Few TV stations have figured out how replicate profits on the Internet. YouTube can easily act as another competitor. So for now, most of the YouTube videos near you come from nontraditional sources: radio stations, newspapers, colleges and, in the case of a fledgling San Francisco outfit called VidSF, three friends who despise the local TV diet of fires and homicides.”