This from PC World ...
Google will soon begin selling video advertisements on the Web, opening a new front in its battle for a bigger slice of the online advertising market.
The ads will appear on Web sites that are part of Google's AdWords network, which includes partners like About.com and The New York Times, rather than on Google's own properties. They'll be offered first in the U.S., Canada, and Japan, with other regions to follow shortly, the company said in its official AdWords blog on Monday.
Users will have the choice to click on the ads to start them playing, rather than having them launch automatically. Advertisers will bid to display their video ads alongside the existing text, Flash, and image advertisements that Google sells today.
This news follows hard on the heels of VitalStream's purchase of EonStreams, which specializes in online video ad insertion.