Best Buy to Offer Video-Sharing Service

Minneapolis, Best Buy announced Tuesday that it would begin an online-based video-sharing service for home movies and videos. The service allows customers to store and share home movies and videos online.

The subscription-based service will allow users to upload personal videos for sharing on Web sites and blogs or send in an e-mail. The service was created in partnership with Mydeo, which provides streaming-video hosting for home and business users. Best Buy will take a minority stake in Mydeo, but terms were undisclosed.

Plans start at $6.97 for 100 minutes of video hosting and video lengths up to 30 minutes each.