US 8,818,859 B1 · System and method of managing advertisements and payment of content

Abstract

A system and method for managing video sequences and the payment of content online, including an application programming interface (API). The API allows creators of advertisements, sponsors of advertisements, providers of content, and viewers of the advertisements and the content to interact. The system facilitates interaction of the parties to allow users to access content from a content provider in exchange for the user viewing an advertisement that is created by an ad-creator and sponsored by an ad-sponsor. The method receives a request for payment of content, transmits a list that includes a plurality of links to advertisements, transmits an advertisement of interest to the user, and then authorizes payment of the content to the content provider. The system also allows advertisers to reach an ideal audience as users select the advertisements having a particular product or service with which the user is interested.

Claims25

Dependent claims

A computer-implemented method of compensating a content provider for providing content to a viewer, comprising the steps of:

creating a video file by an ad-creator using a computing device;
storing the video file into a computer database of video files stored on a system server;
the database of video files being selectively viewable by at least the viewer;
viewing a video file by an ad sponsor;
sponsoring the viewed video file by the ad-sponsor by pledging funds of a selected amount by the ad-sponsor corresponding to the video file;
selecting the content for purchase by the viewer;
selecting, by the viewer, an option to pay by viewing the sponsored video file;
viewing the sponsored video file by the viewer to create a view event;
delivering a portion of the pledged funds by the ad-sponsor to the content provider upon viewing of the view event by the viewer;
and
delivering another portion of the pledged funds by the ad-sponsor to the ad creator upon viewing of the view event by the viewer;
whereby, the content provider provides the selected content to the viewer upon receipt of pledged funds that the ad sponsor has transferred to the content provider.

9 more elements

A computer-implemented method of compensating a content provider for providing content to a viewer, comprising the steps of:

creating a video file by an ad-creator using a computing device;
storing the video file into a computer database of video files stored on a system server;
the database of video files being selectively viewable by at least the viewer;
viewing a video file by an ad sponsor;
sponsoring the viewed video file by the ad-sponsor by pledging funds of a selected amount by the ad-sponsor corresponding to the viewed video file;
establishing a payment account for the viewer to receive credit or funds for viewing the sponsored video file;
selecting, by the viewer, an option to pay by viewing the sponsored video file;
viewing the sponsored video file by the viewer to create a view event;
receiving a credit or funds by the viewer for viewing the sponsored video file;
delivering a portion of the pledged funds by the ad-sponsor to the ad creator upon viewing of the view event by the viewer;
selecting the content for purchase by the viewer;
transferring the credit or funds from the payment account of the viewer to the content provider;
whereby, the content provider provides the selected content to the viewer upon receipt of pledged funds from the viewer to the content provider.

10 more elements

Dependencies are inferred from the claim text.

System and method of managing advertisements and payment of content

Life of this patent

System and method of managing advertisements and payment of content

Life of this patent

Abstract

Claims25