Web video shakeout

by Rusty Tanton, June 21, 2006 - 1:30pm

Two or three years ago, you'd be hard-pressed to find a place to host your videos. Ourmedia was just about the only game in town. Now, according to this CNN article, there are 173 web sites vying for that privilege. CNN predicts a shakeout soon, as logically it seems impossible for that many competing services to make money.

So, basically, it's crazy to try to start a media hosting company with the idea of being profitable right now. But someone has to produce all that content to put on those sites...

I think what's neatest about these mass video storage sites and how easy they are to use combined with prices dropping on decent quality equipment is the accessibility to normal people. The possibilities are endless:

It will be interesting to see in the coming years how many people are willing to pay for localized, small scale media production services in the same way small businesses are already willing to pay for small scale web site development.

Tags: new media, North Fulton Drama Club, OurMedia, True Gritz, vcasts, vlogs, YouTube

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