Wednesday, April 19, 2006

New Entrant... Veoh

Watch out folks. Another well capitalized player, Veoh, enters the scene.

According to this BusinessWeek blog post, the startup is backed by funders including Michael Eisner (former Disney CEO), Spark Capital, Time Warner and existing investor Shelter Capital Partners. What's the niche? Veoh's P2P technology enables independent video makers and Hollywood types alike to dish up longer (movie or TV show length), better quality video online.

I've always maintained there will be at least 3 major players in the online video space, but it's getting more competitive by the second. While I don't see anything truly differentiated about Veoh (no revenue sharing, little traffic, and no distinct user-interface offerings), it's got $12.5 million behind it. And Eisner's participation will help it broker good deals with studios and networks.

Oh- and it's got the cute logo. You can't discount that.


At 4/19/2006 10:38 AM, Anonymous Anonymous said...

More intense competition indeed:


Post a Comment

Links to this post:

Create a Link

<< Home