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Fierce 15 Online Video Movers and Shakers: Veoh Networks
Veoh Networks
Founded in 2003
Investors include: Adobe, Goldman Sachs, Intel Capital, Michael Eisner's Tornante Company, Time Warner
Location: San Diego and Los Angeles, Calif.
www.veoh.com
Veoh says its site receives 24 million unique visitors per month, but outside analysts are more conservative, putting the site in the 17 to 19 million unique visitor range. Although not as bullish as the company's own figures, that's still an impressive audience to draw upon. The company has had some legal headache because of perceived skirting of copyright regulations on content streamed through its browser, but a recent lawsuit was decided in its favor.
In September, Veoh announced plans to migrate its VeohTV offering to a web browser-only model, after the application based service to watch long-form, high quality video had trouble catching on. The decision to go Flash-based came after Hulu quickly began eating into market share. With its legal troubles seemingly behind it, Veoh can concentrate on a PC-as-a-TV model.
Next: Metacafe
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