By Jon Fortt
August 22, 2007
(1/9) Google (GOOG) on August 22 unveiled the format it will use to display ads on its YouTube video site, and possibly on other sites as well. Google’s dominant position in online video gives it advantages against rivals Microsoft (MSFT) and Yahoo (YHOO) as it seeks to make money from its audience and turn YouTube profitable. Here’s how the ads actually work ….
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(Image: YouTube/Ford Models)

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