If you are a regular reader of this blog (thanks, by the way), you might have noticed the lack of 7, 1,000-word blog entries of late per day… We’ve been busy.
Anyway, a few interesting tidbits:
- Yahoo! kills The 9. As I suspected when it launched: not surprising. Yahoo!’s got a lot of potential to really do interesting things in video… and with all due respect to everyone involved, the 9 was not it (disclaimer: own some shares in the company). Broadly speaking: I think a lot of companies will move away from “building” video assets to buying them. In bad economic times: if you expect revenues to be on the soft side, you cut back costs. This was such a casualty. That being said, cash sits on the balance sheet and does little, so companies use that in a more reasonable valuation landscape to scoop up companies. Not sure if this will happen at Yahoo!, but when you consider that Yahoo! has in the past year forayed into original sports and women’s content… don’t write this off.
- What? LonelyGirl15 was not a long-lasting franchise? The girl (last name Girl, first name Lonely) is off to greener pastures. Read more here. See our interview with Lonely Girl actress Alexandra Dreyfus here.
- Chicken or Egg? Apparently, neither: Video Egg changes business models like you and I change underwear: pretty often. I’m not even sure what the latest model is, frankly. Read more here. See our interview with their CEO a year ago here. A case of a company raising too much money before knowing what to do with it.
We’re seeing a major flight to quality in video, it’s about freaking time.
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