AppleInsider is reporting that the upcoming release of QuickTime X will include the ability to share video directly to YouTube. The feature will allegedly convert the video for YouTube before uploading.

Apple would also support uploading videos to its MobileMe service from QuickTime X.

This information is allegedly culled from reports of developers who have seen the new "Share" menu in the QuickTime X interface.

If this is true, this will further cement Apple's relationship with Google. Already Apple and Google have struck up deals concerning YouTube. The YouTube app on the iPhone is possible because Apple and Google came to an agreement that YouTube videos would be re-encoded, and encoded in the future, in the H.264 format. This deal allowed YouTube videos to be viewed on the iPhone without Apple having to implement Flash on the iPhone.