Katie Fehrenbacher over at GigaOm is reporting U.S YouTubers will be treated to a mini version later this year at the conclusion of the exclusivity clause in YouTube’s contract with Verizon wireless. The service will be live in Europe later in May.

The mobile version will be a condensed version of YouTube, featuring 800 videos picked by YouTube’s editorial staff. No word yet on what video format they plan on using to navigate mobile’s maze of varying standards.