So much for the YouTube competitors. The owners of Veoh, a video portal that claims to have millions of users worldwide, has said it has enlisted the help of Equity Partners CRB to explore strategic options for the company, including a sale. “The company intends to focus solely on commercialization of its proprietary social video offerings,” owners Qlipso said in a statement (embedded below). The… → Read More
The long, sad tale of video site Veoh seemed to be in its final chapter when founder Dmitry Shapiro declared the company was filing for bankruptcy back in February. The copyright litigation with Universal Music Group proved to be too costly and too distracting, even though Veoh won a summary judgement in its favor. But hours before Veoh was actually about to file the bankruptcy papers, an… → Read More
Editor’s note The following guest post was written by Ashkan Karbasfrooshan, founder and CEO of WatchMojo.
Yesterday’s final implosion of video site Veoh, which declared bankruptcy after burning through $70 million of venture capital, was a long time coming. A lot of so-called smart money went into Veoh: investors included Goldman Sachs, Time Warner, Intel’s venture arm, Spark Capital and… → Read More
As video sites on the Web struggle to find a business model that will pay their mounting bandwidth and storage bills, many of them are trying to reinvent themselves. Veoh, which has raised a total of $70 million, had to cut 35 percent of its staff earlier this month and the site seems to be losing steam. Unique visitors are down 18 percent from their high a year ago to 15.2 million worldwide… → Read More
In the world of Web video, either you are YouTube or you are in trouble. Today, well-funded video site Veoh laid off 25 people, the company confirmed today. The layoffs were brought on by a restructuring, as the company shifts focus away from its standalone site, says founder and now-reinstated CEO Dmitry Shapiro. Shapiro replaces former CEO Steve Mitgang. With both today’s layoffs and cutbacks… → Read More
Live video on the Web is starting to take off, judging by the massive jump in traffic that Justin.tv is witnessing. According to comScore, the live video site’s global audience saw a massive jump from 9.3 million unique visitors in January to 15 million in February, which is about the same number of people who went to Veoh and nearly twice as many as visited Hulu.com. Of course, Hulu is only… → Read More
Things are not going well for Universal Music Group’s in its lawsuit against video-sharing site Veoh. First, the Los Angeles judge, A. Howard Matz, ruled last month that the safe harbor provisions of the Digital Millennium Copyright Act do apply to the case, contrary to UMG’s request for summary judgment.
On Monday, Veoh scored another point in the preliminary legal sparring that always precedes… → Read More
Popular video site Veoh has just released a new version of its browser plugin, Veoh Video Compass. The plugin, which is available for Firefox 3 and IE7, presents a selection of videos relevant to your search queries and the pages you browse in an unobtrusive ribbon at the top of your browser. It’s a nifty feature that seems to work pretty well, effectively adding a video search to compliment… → Read More
For those Web companies that comply by it, the Digital Millennium Copyright Act is turning out to be their best friend. Last week, Universal Music Group (UMG) was denied a summary judgment by a Los Angeles court in its copyright infringement case against Veoh. (Court order embedded below). UMG wanted a summary judgment against Veoh, arguing that it could not hide behind the safe harbor… → Read More
Here is the stark reality of online video: nobody is making much money and the enthusiastic projections for online video advertising going from $500 million in 2008 to more than $5 billion in five years will undoubtedly be pared back in the coming weeks as analysts revisit their numbers. (Those numbers are from August—eMarketer).
The writing is already on the wall. YouTube is resorting to… → Read More
Owners of the SanDisk Cruzer line of flash drives might be interested to learn that its now possible to launch the Veoh Web Player directly from the U3 interface that pops up when the drive is inserted into a USB port. You can use the Veoh software to schedule and download various types of web video directly to your Cruzer drive to create and ever-changing, on-the-go content library. The Veoh… → Read More
Online video site Veoh is laying off 20 people, or 18% of its staff of 110. The move comes a month after Paidcontent reported layoffs in Veoh’s Russian office in St. Petersburg, which CEO Steve Mitgang says was a strategic decision rather than a financial one, as Veoh wanted to move its development staff to San Diego (where it has hired a replacement team).
This round is more of a financial… → Read More
This has been a brutal month or so for tech layoffs. According to our Layoff Tracker, there have been 19,683 job eliminations at tech companies announced since mid-September, and we’re not even counting the 24,600 people at Hewlett-Packard who are being eliminated as a result of its merger with EDS.
But only five big companies make up more than 90 percent of the layoffs: Xerox (3,000), Dell… → Read More
Without much fanfare, Joost has finally turned on the browser version of its Web video service, as we noted it would last month. The new site is all based on Flash, and lets you watch old Bruce Lee flicks, Sci-Fi movies like The Fifth Element, and clips from Barely Political and Comedy Central.
The Flash site comes almost exactly a year after I wrote a post pointing out that Joost’s peer-to-peer… → Read More
Attorneys representing online video sites around the country are salivating today over the Veoh summary judgment decision (I know this because I’ve spoken to a few of them). In a nutshell, here’s what we learned today: If you take reasonable precautions against copyrighted materials on your service, you may be ok. And oh yeah, if you are going to get sued, try to get sued in federal court in… → Read More
Finally, a judge who may have actually visited the Internet once or twice before deciding a case. Judge Howard Lloyd, a judge on the U.S. District Court in the Northern District of California, threw out adult entertainment company IO Group’s 2006 copyright infringement case against Veoh today. At the time Veoh had some user-uploaded porn on its service that belonged to IO Group. Despite quick… → Read More
If behavioral targeting is the great hope for display advertising on the Web, can it work for videos as well? Web video startup Veoh thinks it can and is bringing its behavioral targeting advertising program out of beta today. The ads are targeted at one of nine groups, including viewers interested in action videos, cars, pop culture, sci fi, anime, and family fare. Veoh groups viewers into these… → Read More
Today, Intel Capital announced new investments in eight startups totaling $60 million. Below is each company, along with the size of the round they just raised. (Not all would disclose when I asked during the conference call). And while Intel led most of the investments it was not the sole investor, so the total adds up to more than $60 million. Accertify (fraud management for online… → Read More
Now that I have your attention, Compete has released a list of the fastest-growing (and fastest-declining) sites of 2007. Some of the fastest growers include Veoh, LinkedIn, Reddit, StumbleUpon, Six Apart, and WordPress. Some of the notable sinkers are Bolt, Xanga, Netscape, and Autobytel. TechCrunch has the distinct honor of taking the No. 5 spot in the fastest-growing list, right behind YouPorn… → Read More
In another move to strengthen the anti-YouTube coalition, Viacom is syndicating its videos (from Comedy Central, MTV Networks, Nickelodeon, and Atom Films, among other properties) to a whole new slew of video-sharing Websites. The new recipients of Viacom’s video love are Dailymotion, Veoh (which already has Hulu and CBS videos), imeem, GoFish, and MeeVee. They join AOL, Bebo, Joost, MSN… → Read More
I can remember when OpenHulu launched thinking that the name was nearly false advertising; essentially it provided access to Hulu content away from Hulu, but only to those in the United States. Veoh and MSN have since followed suit and provide Fox and NBC content from Hulu on their sites, but like OpenHulu it still remains IP blocked to those outside of the United States (and possibly Canada). Web… → Read More
Just a day after video-sharing site Veoh added a TV tab with shows from Hulu and CBS, Microsoft did the same thing with the launch of a new MSN Video Guide. (This is really just a new user interface to showcase this content). It too has a TV tab with full-length episodes from Hulu (Fox and NBC Universal shows), as well as CBS. Similar to Veoh, the shows range from Battlestar Galactica, CSI, 24… → Read More
Today, video Website Veoh.com is adding more videos from traditional TV networks, including NBC (The A-Team, The Office, Heroes), Fox (The Simpsons, Family Guy, 24), the Sci-Fi Channel (Battlestar Galactica), the USA Network (Monk), and FX (Damages). All of this new content comes from Hulu, the NBC-Fox joint venture. CBS content was already on the site through a previous deal, but now all videos… → Read More
Media search platform provider Pixsy has announced a strategic partnership with video sharing service Veoh Networks that wil see Veoh adopting Pixsy’s media search platform to offer enhanced video and image search functionality on Veoh.com. Pixsy’s appeal to Veoh is the ability to deliver near-real time search results, allowing Veoh users to search videos and images with content updating to… → Read More
After one too many “unreasonable threats”, video site Veoh preemptively sued Universal Music last month in federal court, seeking a declaratory injunction to bar Universal from taking legal action. Now it seems Universal has finally made good on some of those threats. Universal is suing the startup for copyright infringement, using some strong language in an L.A. court hearing today. Universal… → Read More
Viacom and NBC aren’t content with suing YouTube and other video sites for copyright infringement – they are also trying to inject their opinions into other lawsuits that they are not otherwise involved in. Last week Viacom and NBC petitioned to file a document known as an Amicus Brief in a little known case between Veoh and an online porn site called IO Group. Amicus briefs are a way… → Read More
Perhaps new Veoh CEO Steve Mitgang is the kind of guy you don’t want to try to intimidate. He just called me to say that Universal Music made one too many threats to sue his company. To protect themselves, they are suing Universal Music in federal court and seeking what is known as a declaratory injunction to bar Universal from taking legal action. Given that the lawsuits tend to flow one… → Read More
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