Universal Music Group Didn’t Help Veoh, but It Didn’t Kill It

The music label’s suit made it very difficult for Veoh to climb out of the deep hole it found itself in last year. But it was the Web video start-up, not Universal, that dug that pit.

Is Veoh the Next Big Video Site to Give Up?

Now that Joost has given up the ghost and bailed out of the Web video portal business, who’s next? A good bet: Veoh, one of the best-funded would-be YouTubes. Multiple sources tell me the company is aggressively marketing itself to would-be buyers, and it’s asking for less than the $70 million investors like Michael Eisner have plowed into the company. Meanwhile, rival MetaCafe is looking for a “strategic investor.”
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Video Site Veoh Cuts Staff, Boots CEO, Bets on Browser Plug-in

Video site Veoh, one of the biggest players in the “who will be the next YouTube” competition, is restructuring the company, laying off a good chunk of its staff and replacing CEO Steve Mitgang with founder Dmitry Shapiro. Shapiro says the company, which has been primarily focused on playing video and selling ads on its own site, will now be concentrating on a new “Video Compass” player that users will have to download onto their Web browsers in order to use.

Online Video Ads Growth and Challenges

Here’s an interesting graph from a Wall Street Journal article yesterday about the continuing efforts to figure out the best way to monetize online video, which is considered the gold mine of Web 2.0. That is, if anyone can create innovative advertising beyond the weak ideas thus far, like the 15-second preroll–a wretched experience that [...]