HipMojo.com http://watchmojo.com/web/blog Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&A, Financing, VCs Sat, 21 Nov 2009 21:40:57 +0000 http://wordpress.org/?v=2.1.3 en Online Video in 2008 = Search in 2002 http://watchmojo.com/web/blog/index.php/2008/02/13/online-video-in-2008-search-in-2002/ http://watchmojo.com/web/blog/index.php/2008/02/13/online-video-in-2008-search-in-2002/#comments Wed, 13 Feb 2008 19:19:25 +0000 Ashkan Karbasfrooshan CBSVideo http://watchmojo.com/web/blog/index.php/2008/02/13/online-video-in-2008-search-in-2002/ I have been telling everyone and anyone who will listen that online video is where search was in 2001.  Essentially: a major component of the online media ecosystem desperately looking for a business model.  No one knew those little text ads would propel a $10B market.  But, they did.  No one knew Google would be one of America’s five most valuable companies, but it is.

Today CBS echoes what I have been saying, and, well, let’s face it, that bears a bit more stock than when I say it.  The statement comes from Patrick Keane, CBS’ CMO, who says: “The video market of 2008 ‘feels like search did in 2002.’ That is, it’s still in a “primordial” stage.”

It’s worth nothing, Keane was formerly at Google, you know, that little company that took over search and is trying to take over online video.

In fact, I project that online video will overtake search by 2018.

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