Online Video Yet To Prove Profitable…

Erick Schonfeld over at TechCrunch wrote an excellent post on YouTube and online video today. He points out that many of the current video start-ups are struggling to find a viable business model.

Considering the current financial climate, future aquistions look bleak: “The only startups that will be bought are those with “demonstrable” revenues or those that have attracted desirable audience niches that the bigger companies lack.”

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