Here is a the meat of what YouTube had to say about the changes although you can find the full post over at the YouTube Blog post here:
Starting today, we’ll begin allowing selected users with a history of complying with the YouTube Community Guidelines and our copyright rules to upload videos that are longer than 15 minutes.
They didn’t state how much longer than 15 minutes you can go but I guess if you have been a good YouTube user and haven’t uploaded anything you shouldn’t like porn or copyrighted video, the sky is the limit. Not having uploaded any videos myself yet, I still see the 15 minute restriction but I am sure many people who actively upload lots of videos to YouTube will be excited by the change. This change is thanks to YouTube’s Content ID system that can quickly flag copyrighted videos thanks to some 1000 or so partners.
Considering most people prefer to watch videos on YouTube between 2-5 minutes, I am curious to see if longer videos will really take off on the awesome video service.
YouTube increased the time from 10 minutes to 15 minutes back in July.
Check out the YouTube Blog for more information.