Revver is having problems, this after former eUniverse/Intermix founder Brad Greenspan bought the company for less than $5M… the company had raised $12.7M from VCs.
Disclosure 1: Revver is part of WatchMojo.com’s syndication network. From Day 1, it accounts for 0.32% of our total web streams. In case you are wondering, YouTube accounts for 45% of our total streams since Day 1. Our WatchMojo.com site accounts for 3% - which shows just how different web video publishing is to text content publishing online. But is that ever a separate post for another day. continue reading...
According to eMarketer, the size of online advertising revenue is $1.35B in 2008.
Since launching WatchMojo.com in 2006, I’ve had some questions about that figure… so here goes: continue reading...
Over the past two years, not a week went by where you didn’t see a video platform raise money. The result was a mini-bubble: countless players all vied to compete with YouTube’s utter dominance in the space but largely failed to gain any traction. This week, Vidavee was dumped by investors for $6.6M after raising over $8M, some peg that figure at about $12M.
Well, this year it’s the mobile video platforms that are getting all of the attention, and frankly, I am not sure why. This is not a knock at any one single competitor in the space: I could not even tell you what makes one different from another. continue reading...
Daily Motion is escalating the battle for #3 in their space (after YouTube and MySpace TV).
Online video advertising is growing, quickly. continue reading...
Last week we lobbied bankers to pony up $500M so we could buy About.com. Shockingly, we did not get a credit memo. So this week, we’re asking for a bit less. Read on.
Revver’s Fate and The State of Online Video continue reading...
Apparently, traditional media’s love and hate relationship with YouTube took an interesting turn tonight: NBC canceled its channel on YouTube.
I won’t comment on that directly since WatchMojo.com is a content provider on YouTube and enough people are already commenting on the unconfirmed news, but I’ve been meaning to look at the interesting dynamic between traditional media companies and web video startups, and this is one more chess move in the big game that’s really only starting. continue reading...
When Guba’s CEO resigned, he said that YouTube had won the game in online video… we said that the times would get harder for second tier sites because Google would not be able to make YouTube even stronger. VC activity in the space slowed down, as exits became less obvious. Today we’re seeing the fragmentation of online video file sharing services: Veoh is moving into one area and Sony becomes the latest to carve a niche:
Sony is trying to edge into Internet videos with a Web site to be introduced today called Crackle that will feature short segments by aspiring filmmakers, many of whom Sony paid for their productions. continue reading...
Have you noticed how 2007 has changed the euphoric mood at video sharing websites? Sure, YouTube’s paid off big time with a $1.6B sale to Google, but as we suggested, it is going to get a lot rougher and tougher for the rest of the field to gain any traction.
Last week, Viacom and CBS told YouTube off, here is our rationale as to why Google/YouTube is not acting like a good corporate citizen. continue reading...
Word on the street is that two of Revver’s co-founders have left the company.
Steven Starr will remain CEO, but co-founders Ian Clarke and Oliver Luckett and other members of the staff will depart (though apparently some will have consulting roles). continue reading...
