While many people are concerned about privacy online and how their information is shared, what many people don’t know is that their user generated content (UGC) is often monitized by the site to which they upload it. That amazing video of your cat doing yoga or the chart topping song you wrote for your signifigant other? The social networking site hosting the content often has permission to automatically make money off the very content you spent long hours creating. This infographic, created by mycube.com, looks at the various popular websites, from Linkedin to Facebook and the vast amount of UGC that they hold… then it looks at the amount they might be pulling in from our work.
We’re curious to hear what people have to say about the money social media sites are making off their online content. Is it fair considering the service and hosting provided? Should users get a larger cut of the profits?