Agreement between Adobe and Photobucket

Adobe has launched its Flash-based online video mixing and editing technology in conjunction with Photobucket. The partners hope that the free service will be financially supported by advertising revenue.

The plan expands on Adobe’s existing video editing products, including Premiere, which will soon be back on the Mac platform, by offering online services.

Users can drag and drop music, effects, transitions, and titles onto videos, as well as reorder, trim, and split clips.

The developer plans to announce more alliances with Internet companies and media providers in the coming months.

Photobucket users will also be encouraged to purchase the desktop versions of Premiere Elements and Photoshop Elements.

Adobe’s web-based video compositing and editing technology runs directly in the Photobucket website browser, without the need for any software download or platform-related requirements.

Photobucket’s new video editing capabilities are initially available through a public beta limited to Photobucket Pro users, and will be available to the entire Photobucket user base (which accounts for some 35 million users, including free access) at early March 2007.