I believe there is an untapped opportunity in video disbtribution for local news stations. When it comes to unexpected events, news station camera crews can not possibly be in the right place at the right time. If someone were to build a video upload service (which would also include additional toggles like final cut pro x plugins), aimed towards local news syndication, I think many stations would be willing be interested in buying rights to the videos.
There are plenty of sites that facilitate the sale of video clips, but I have yet to see one target distribution to television stations. For example, take a look at this video from Oregon after yesterday’s storm hit:
Oregon Drivers Crashing on Slick Streets Video
I imagine the person who captured this video had to go out of their way to get the video to the news station (hopefully they didn’t drive down that street). The local news station may have paid them a small amount of money, then distributed it to their sister stations. Imagine if the user could have uploaded the video to a site, set their own price and let anyone pick up rights to use it or pay extra for exclusive rights.
News stations desperate for video could simply visit the site, preview the video in a flash player, download the video and edit it as they please. Far too often news stations lack video so they pull out old videos or play the same exact video throughout the day, over and over and over. My wife has been filmed working in the lab and I can’t tell you how many times we’ve seen the same video clip used for every DNA-related piece of news for the past four years. The video distribution service I’m imagining would not only connect traditional media with user-generated videos via the web, but it would be in a good position when the lines between the web and T.V. continue to blur.