Adam Warner pointed this out on another list:

Automattic is now offering VideoPress to wordpress.com users to allow for
> uploaded video hosting and several other features. Watch the video here and
> pay special attention when you get to 1:48. They briefly discuss self-hosted
> wordpress blogs. http://videopress.com/
>
> You can learn more about using videopress with self hosted blogs on that
> same page in the lower right.
>

This is just Wordpress' way of letting people upload straight from their
blog to their servers. Takes a step out of the process (for a price of
course).

Jay


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