Larry Page announces Google Video Store

Just posted a quick dispatch over on the Fast Company blog, where I occasionally contribute.

The basic scoop: anyone can now upload video to Google's Video Store, set their price, and watch the millions roll in (or not.) The minimum charge, Google co-founder Larry Page said, is five cents. The vast majority of the revenue share, he added, goes to the content provider.

With this product, Google will establish itself, I think, as the eBay of video... and the new best friend of every independent videographer and film producer. iTunes, look out.

Not sure if the site is up yet, but I suspect it'll be at http://video.google.com.