YouTube Launches 360 Degree Video

24/7 Wall St.

YouTube logoGoogle Inc. (NASDAQ: GOOGL) has had a fit trying to turn YouTube into a profitable venture large enough to affect the search company’s bottom line. Although as many as half of Americans watch a video on YouTube each month, the division has been a financial failure. Its new 360 degree video product might help YouTube dig itself out of the hole it is in, although its applications are limited.

The 360 degree product is not without its drawbacks. One is that an average creator of videos may have trouble using it, because the process is not simple. According to the blog post that announced the 360 feature:

YouTube supports uploading and playback of 360 degree spherical videos on desktop Chrome and the Android app. In order to upload a 360 degree video file, you’ll need to modify the file with an app or script before uploading.

Most people will not…

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