Photobucket lets its users create, manage and share their personal media online and has racked up some impressive numbers. Founded in 2003, the site has more than 35 million members, and serves an astonishing 3 billion media items daily, via members links from such sites as MySpace, eBay, Craigslist and Blogger. Adobe's Premiere line of video editing tools includes both Elements and Pro, and with the upcoming integration Photobucket users will be able to make use of a Flash-driven implementation that lets them add drag and drop music, effects, transitions and titles to their videos, as well as reorder, trim and split clips. Users can work with content from their own albums or access over 2.5 billion publicly-shared images and videos on Photobucket.

The functionality will be provided at no charge to Photobucket users, with revenue anticipated from advertising and by offering simple upgrade paths to Adobe Premiere Elements and Adobe Photoshop Elements. Adobe has indicated that this is its first such partnership with Internet companies and media properties, with more anticipated in the coming months.

The new video editing capabilities in Photobucket are currently available via limited public beta to Photobucket Pro users, and will be available at no charge to Photobucket’s entire user base in early March 2007.