Funny to see web entrepreneurs Loic LeMeur and Om Malik duke it out in the comments section of this entry, on Veoh’s layoffs, which was reported first by Valleywag, and confirmed to varying extent by PaidContent.
Says Seesmic founder Loic: continue reading...
Yesterday I asked who will ultimately win the TV vs. Web video tug of war. The winner won’t boil down to resources naturally, since old media trumps new media on any given day. The outcome will boil down to speed, agility and who will be more aggressive. My argument has long been that TV folks won’t jump nearly as fast into the Web because the economics won’t justify once the hype wears off: yes, YouTube envy is omnipresent, but that doesn’t mean a TV network will cannibalize the $75B TV ad market for a $500M one. And that’s just ads, tack on syndication and filmed entertainment and TV is actually a $250B market in the US. The Web? Not quite.
But as TV executives see the writing on the wall, many have began to jump ship (right before being pushed out, would argue Valleywag). continue reading...
