When Google purchased YouTube for $1.65 billion a little over six years ago, the company knew it was a service they absolutely needed in their suite of products. That’s why when you hear one of the original co-founders of YouTube may be developing a new video service for the Web, people tend to take notice.
YouTube co-founder Chad Hurley made his way to SXSW this week to say he’s about a month away from launching a platform to complement YouTube. AdWeek was there to capture what exactly he said, which we’re sure you’re dying to hear:
“I wish [South by Southwest] was a month later because I could unveil the new product,” Hurley said during a Q&A with Digg founder and Google Ventures partner Kevin Rose on Saturday afternoon. Without going into too much detail, he said the product is “primarily video-based…and gives flexibility for people to work together and create content.”
So be sure to circle your calendars for some time in early April as that’s when we could hopefully expect to hear what Hurley has in store for the world of Internet videos.