The 'Seismic Shift' in Online Video and Velocity Funds Broadband Enterprises

January 17, 2008 at 12:02 am PT

Movie, television and radio writers have been striking since last fall. Meanwhile, “American Idol”‘s ratings dropped sharply versus this time last year, and that’s a show that doesn’t need writers. Why? Well, viewers are going online. YouTube traffic has gone up 18% over the last two months, and Sony’s Crackle (formerly Grouper) has doubled from 1.2 million to 2.4 million users over the course of last fall, according to Nielsen Online.

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Tagged with: Broadband Enterprises, Crackle, Eric Eldon, Sony, Velocity Interactive Group, VentureBeat, YouTube

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