There are already a lot of video sharing sites. Some are designed for general video uploading and sharing and others are tailored to more specific audiences. The big daddy of them all, of course, is YouTube, which is not only the most common video site, but has managed to become the de facto resource for all online video.

YouTube has enough features to keep any video producer happy. You can create your own channel, get subscribers, have both public and private videos and even create interactivity using annotations. Why would there need to be any other video sites at all?

The real question should be ‘What is YouTube missing’? Scheduled programming? Live channels? Multi-screen videos? In my own experience with online video, I remember being in film school and checking out sites like Atom long before I even knew what YouTube was. At the time, Atom Film was a great place for film students to try to get their shorts shown. It was popular because it was targeted - it had a purpose.

Today there are a plethora of online video sites, some more niche than others. Lulu TV, for instance, enables content producers to upload all their video and audio creative into their own channel for syndication to their viewers. For all its great features, though, Lulu TV lacks the same thing that most other video sites lack - traffic. At the end of the day, YouTube is by far and away the most popular video site on the web.

What does YouTube lack? Are you using a site other than YouTube specifically because it offers features that YouTube does not? What are the features that would make YouTube perfect for you? If you think YouTube needs some work, or if you’re a die hard fan and you think it’s already perfect, we want to hear about it. Leave us a comment with your thoughts.