Adobe’s description for Auditude says: “Auditude helps maximize the value of video content through advanced ad technology and monetization services so content owners and distributors can effectively monetize their content wherever users choose to view it. Auditude’s flagship product is the Connect platform, an ad serving and decisioning technology targeted at premium video content owners and distributors that enables the insertion, trafficking, delivery, rights management, and analysis of online video ads.”

“Premium video publishers want to capitalize on the foundational shift to digital by providing viewers with great media experiences and maximizing the value of their content on every IP device,” said David Wadhwani, SVP and general manager, Adobe’s Digital Media Business Unit. “With this acquisition, Adobe can now offer an unparalleled platform for authoring, distributing, analyzing and monetizing digital video experiences everywhere – simplifying workflows, increasing consumer engagement, delivering insights and driving increased revenue for content publishers.”

“By joining Adobe we are accelerating our vision of helping top media companies and publishers maximize the value of their video content,” said Auditude CEO Jeremy Helfand. “Adobe has deep roots in video and bringing our capabilities together will provide great incremental benefits for our customers. As part of Adobe we are excited to bring publishers and media companies a platform offering that has never been possible before, driving unprecedented monetization opportunities for them.”

Auditude already provides services to Major League Baseball, FoxNews, Starz, Lionsgate, and other brands of note.

Adobe says it will be tightly integrated with SiteCatalyst and Test&Target.

The agreement will allow content owners to profit from videos clips that are uploaded and distributed without permission by using Auditude’s video-fingerprinting system that cross indexes billions of  TV and online video in seconds.

"Auditude is opening the floodgates for users to program video on MySpace and ensure copyright holders get paid," said Jeff Berman, MySpace President of Marketing and Sales. "In one fell swoop, Auditude and its partners are empowering consumers and building a better business model. That’s a good deal all around."

News Corp’s MySpace will be implementing the system with support for content from MTV Networks, with programming including " The Daily Show," "The Colbert Report," "Pun’d," and "The Hills."

MySpace will use Auditude’s "Attribution Overlay," which automatically identifies content informer viewers about details of shows being viewed online. The attribution allows content owners to integrate information about the video clip being  played and provides viewers with links to buy or view additional content.

"Our partnership with MySpace allows us to help content owners, like MTV Networks, reach their fans where they are most active," said Adam Cahan, CEO of Auditude. "We hope to grow the market for monetizing online video by simplifying ad targeting and providing scale through audience participation."