Late last week the AP announces it has bought a stake in Bambuser, the Stockholm-based mobile streaming video service. The numbers involved with the deal were not announced, but AP’s director of global video news, Sandy MacIntyre, will join Bambuser’s board as a non-executive director.
This isn’t the first time the two companies have hooked up, last fall Bambuser cemented its relationship with the AP by giving users the option to make their videos freely available for the AP to use in broadcasts and their online news articles.
“The evidence that UGC (user generated content) is set to grow in importance and volume is plain to see. Nearly a fifth of the world’s population has a smartphone and that is a phenomenal eyewitness resource that Bambuser makes technologically possible. It means that anyone can be one button click away from generating live news that will change the way the world receives the ‘first word’ of a story” Sandy MacIntyre
Correctly sourcing user generated content is one of the biggest challenges facing newsrooms at the moment. For better or worse, the news cycle keeps spinning faster, and having access to on-the-scene video is going to make or break news organizations.