"We try really hard to make YouTube as open as possible. Anyone can upload and view videos, which can be embedded anywhere and viewed on all kinds of different devices. And, of course, anyone can participate in our community by commenting on videos, rating them, and sharing them with friends."
The following new services were added for external developers:
*Upload videos and video responses to YouTube
*Add/Edit user and video metadata (titles, descriptions, ratings, comments, favorites, contacts, etc)
*Fetch localized standard feeds (most viewed, top rated, etc.) for 18 international locales
*Perform custom queries optimized for 18 international locales
*Customize player UI and control video playback (pause, play, stop, etc.) through software
In the video below, YouTube's engineers explain in detail the new changes.
Obviously YouTube wants your Internet videos and is willing to do anything to host them on its platform. So now nothing can stop users to upload their videos and even share the profits with the video hosting giant.
Via: The You Tube Blog (Broadcasting Ourselves)