A very interesting new video product called Adbrite has launched. It is a great product for embedable video.

Here is how it works. You upload a video to Youtube or another video sharing site. Tell Adbrite where to find the video. Adbrite imposes a watermark and adds advertising in a fairly non intrusive way to the video stream. You can generate revenue from the videos you upload even if someone embeds the video on their site. It also allows advertisers a way to interject advertising into the user generated content video world.

YouTube to copy in 3, 2, 1…