Photobucket has just announced that it released a new tool that will allow its users to edit the Web-based videos. This is a tool that powered by Adobe Systems, a lightweight version that compared to Adobe Premiere. One of the advantage for using this Web-based video editing is the users do not need to download it on their PCs. They can instantly use it, and do some editing on their personal media, only if they have installed Adobe Flash Player on their PCs.

According to the above mentioned press release, Photobucket users can also combine images and video with captions, bubbles, frames, transitions, music, and other effects by dragging and dropping content to a sceneline. Clips and content can be reordered, trimmed, and splitted directly in the sceneline in a Web-based environment. Additionally, users can work with content from their own albums, or access over 2.5 billion publicly-shared images and videos on Photobucket. Once editing is complete, the resulting video mashup can be embedded into any Web page, blog, or social network profile by copying and pasting a snippet of HTML code.

In my view, this is not the first startup that I heard launching this Web-based video editing, some companies have successfully delivered this same type of services for quite some time, including EyeSpot, that required a Macromedia Flash Player to run it, and Jumpcut, that also make use of Adobe Flash Player. All these startups were developed the Web-based video product with new features in order to get a bigger chunk in the video blogging industry.

Furthermore, I quite impressed on the product strategy deployed by Photobucket. It is currently the third largest video hosting site after YouTube and MySpace, they have overcome some of the problems in startup phases and successfully moved from the concept to reality in just few years. Though the video sharing phenomenon is so popular today, most of the users are not just uploading their videos “for fun”, there is an indication that most people are looking ways to watch the original contents on the video sites. In this case, the development of these tools that edit videos sowed the seeds for the video creators that would only upload original contents in the future.