More Consolidation in Internet TV Space

VideoEgg, a service that allows users to take video from virtually any device, transcode it to Flash and upload it for viewing on websites (see our posts on VideoEgg here) will be announcing the acquisition of Popcast in an hour or so.

This news follows yesterday’s announcement by Internet TV company Brightcove that they have acquired Seattle-based metaStories. Look for more development in this space Internet TV players consolidate and define themselves around YouTube, the best known service.

As a side note, Popcast was founded by Rob Lord, who is also founder of the recently released Songbird media player. See here for our posts on Songbird.