7 Top Paying Social Video Sites

What has made sites like YouTube and MySpace so successful is the fact that they are built on user generated content and every day more and more sites are appearing using the same idea. To achieve the same success and profit from user generated content companies and websites are paying users to create video content.

So who are these sites and how much are you likely to earn propducing and submitting your videos to them. For an up to date list of free video sharing sites read this post.

Metacafe leads the way when it comes to paying for [tag-tec]user generated video[/tag-tec]. By joining their Producer Rewards program you will currently earn $5 for every 1000 views of your video. Payments start after 20000 views as long as the video has a 3.0 rating or higher. Metacafe has over 1 million unique users each day and over 400 million video views per month. The top earner has so far made over $70000 for his videos.

Check out the faq to see if your video will qualify for Producer Rewards.

Revver has a revenue sharing model. Revver will pair your video up with a targeted advertisement and split the revenue with you 50/50. Revver will also pay 20% for sharing other videos if you don’t want to make one yourself. Revver has a program which includes all the tools you need to create your own video portal including sharing tools, account management and access to Revver library of videos. The main part of this program is a WordPress plugin that brings all the functionality of Revver right to your WordPress blog. The plugin makes it easier than ever, and does a whole bunch of cool stuff:

* upload videos directly through your blog (+ auto-publish upon video approval!)
* manage your Revver account, videos, and subscribers — all from your blog
* enable video responses to your posts
* your subscribers are automatically given a Revver account when they sign up and post video responses — so they earn too!

You can add your own videos to Revver or select videos from their library. Once you have selected a ‘collection’ of videos you will be given a Java script to add to a sidebar widget for your blog.

Break was the first site to pay users for their own original video content. To be paid your video must be original and be featured on their home page. If you qualify expect $400 for a video exclusive to Break or $200 if you prefer not to make it exclusive. If your second video makes it the front page the payments are $500 or $300 and $600 and $400 for anymore videos that make the front page.

Break also pay $50 for photos that make it into their galleries and $500 for ‘Girl of the Month’. If you can write ‘Flash’ games and submit them to Break then they will make you an offer and promote the game.

Flixya has a revenue sharing and a rewards system in place. They share Google Adsense revenue with you 100% in your favor and you will receive 15 points for each person that you refer to the site. Redeem your points for gifts including laptops and ipods. You can publish videos to your Flixya account from other video sharing sites. Learn about there sharing program here.

Filmaka has a different approach and runs contests on their site periodically. Entry level contests are run and up to 20 videos are selected and paid $500 prize money. At the Jury level the 20 winners are given $1000 to make a second video on the same subject and two winners are selected, first prize is $3000 and $2000 for second place.

The Final level contest happens annually. The prize winners from the Jury level competitions compete for a first prize of a feature film contract and the second place receives $5000.

Lulu.tv 80% of the advertising revenue for the site goes into a cash pool. At the end of the month, all Shareholders share in the pool. Let’s say Lulu TV videos attracted 1M viewers in one month. If you got 10,000 of those, that’s 1%. So you get 1% of the cash pool. You create audio or video content and upload it. It gets played… you get paid, based on your share of the traffic. Even if your share is one click.

Panjea offers three ways to make money. Sell your original music and videos on Panjea and keep 80% of the revenue. Each time someone pays to download your music or video, you get paid.

AdShare Program. You keep from 50% up to 85% of the advertising revenue generated when people visit to your page on Panjea.

Points Program. Earn points just for using Panjea, like inviting your friends, uploading media, and messaging with other members. Redeem your points for downloads of music or videos.

You can see that there is a lot of potential for earning money from your videos and submitting them to these social video sharing sites. Start shooting now!