Revver's announced it's pay out of $1 million over the past year, meeting a milestone for the amount of money drummed up and split with content owners that promote and leverage Revver's video-sharing network.
Revver has also noted that this milestone coincides with its one year anniversary. Congrats to Revver. As one of the first video-sharing networks to offer a rev-share model with content creators, many flocked to the site hoping to have more control over their content and, more importantly, earn extra cash. In celebration, Revver has presented Doug Bresler, creator of animated series "Dogtoons," with an honorary check, as he received the millionth dollar earned.
As a standard in the rev-share video communities, Revver has also benefited from the popularity of videos like the infamous Pepsi and Mentos experiment, and several indie directors and film creators, including Hollywood notables, are promoting their series on Revver in order to take advantage of the ad-supported model that lets them reap the fruit of their labors.
While most content owners are not yet bringing in the big money from this model, there's no doubt that content creators will only gain more control and financial rewards from their online content, and Revver will probably continue to position itself as an advantageous distribution platform for user-generated content. It's already incorporated a new advertising option for pre-roll ads earlier this summer.
Other recent milestones include the one millionth iPhone sold, and the two millionth Wikipedia article written.