Thursday, February 18, 2010

Veoh Bites The Dust

Testimony to how difficult it is to get it right with online video, even Hollywood backing from figures such as Michael Eisner and Jonathan Dolgen couldn't save Veoh. The company did well a couple of years ago, but UGC critical mass went to YouTube and Facebook and the portal of choice became Hulu. One of the key factors was rights and a court battle with Universal: a bullet that YouTube has somehow managed to dodge (clue: Google's deep pockets). This leaves Metacafe and Dailymotion as the only major competitors left.