YouTube Saves Money With Text-Only Video

I’m down on this stuff in general, but have to admit I liked this one quite a bit. It helps if you’re into writing about the business of Web video, I guess: A memo from Google (GOOG) CFO Patrick Pichette explaining that the company has figured out how to save bandwidth costs at YouTube.

The rest of it is self-explanatory. But if you don’t want to read, you can go check out this sample video I’ve queued up for you.

Note that this doesn’t work on all of YouTube’s videos. And I can’t figure out how to make it embeddable. Enjoy.