Bebo, one of the strongest social networks in Europe (it is seeping in to US and other countries as well), will let brands videos advertise on site and generate ad revenues. This means additional videos and might become a challenge to niche video sites, like Joost and Babellgum.
Find the news release here.
"New York & London (PRWEB) November 13, 2007 -- Bebo, the global social network, today unveiled Open Media, a radical new vision for social media and entertainment that gives media companies free and open access to Bebo's 40 million users worldwide and the Bebo community free and open access to thousands of hours of premium entertainment content from some of the world's best known media brands."
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