Veoh Networks

Fierce 15 Online Video Movers and Shakers: Veoh Networks

Pete Wylie — Wed, 01 Oct 2008 13:05:59 -0400

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

Recent Articles
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Fierce 15 Online Video Movers and Shakers

Pete Wylie — Wed, 01 Oct 2008 12:58:48 -0400

FIERCE 15 Top Movers and Shakers in Online Video

The editorial staff at FierceOnlineVideo is pleased to announce the Fierce 15 "Online Video Movers and Shakers."

To qualify for consideration for the Fierce15, companies had to be privately owned and U.S.-based. In narrowing the field, we took into consideration innovation, a company's impact upon the ecosystem and general marketplace, market share, and significant partnerships, among other criteria.

We hope you enjoy the selections and we most sincerely welcome your comments and feedback. Click on the links below to read our reports on these companies, complete with backround information, selection rationale, and links to their recent news.

Brightcove EQAL EveryZing

Fliqz Funny or Die Hulu

KickApps Metacafe Mevio

Move Networks Next New Networks Pando Networks

Qik Veoh Networks YuMe

Veoh Adds ABC & ESPN

Doug Mohney — Mon, 23 Jun 2008 22:18:45 -0400

Veoh Networks has announced it will be distributing full episodes from ABC and short-form online video content from ESPN.com.

Coming through ABC's broadband player, free access to full episodes includes such series as Lost, Desperate Housewives, Grey's Anatomy, Jimmy Kimmel Live and Ugly Betty. Veoh expects to offer short-form programming from ABC later in the year through an embedded player. Sports junkies can get highlights of major sports events, clips from ESPN programs, and SportsCenter Right Now from an embedded ESPN video player.

Enhancements to ABC's online video player will be rolled out this fall, including true full-screen viewing, closed captioning and enhanced navigation and video search capabilities. The deal also enhances ESPN's online reach. In 2007, ESPN.com served up more than 1.2 billion video views and so far in 2008, fans are watching an average of 121 million videos per month.

Observers wonder what took ABC so long to work out a syndication deal with Veoh; CBS and NBC have been aggressively working on syndication for their properties.

Veoh currently lays claim to aggregating more than 100,000 content publishers, including CBS, Lions Gate, PBS, National Lampoon, Road and Track and US Magazine, and more than 28 million viewers as of late June.

Earlier this month, Veoh landed a new round $30 million in financing lead by Adobe and Intel. The company was one of six companies selected in mid-June by Warner Bros. to distribute TheWB.com.

For more
- Veoh adding ABC & ESPN shows announcement

Related articles:
Veoh Gets $30M From Intel, Adobe
Warner Bros. New Age Distribution Plan

Warner Bros. New Age Distribution Plan

Doug Mohney — Thu, 12 Jun 2008 23:16:47 -0400

The Warner Bros. Television Group has signed up a group of new age preferred partners in the online video space, including Dailymotion, Joost, Sling Media, TiVo and Veoh Networks. Warner will work with the cadre to launch and deliver TheWB.com and KidsWB.com.

The two new advertiser-supported broadband "destinations" (i.e. portals, web sites) will launch in mid-September and gain additional reach to a much larger online audience. Advertisers will be able to target consumers through the studio's programming. The distributors will be able to offer full-length episodes of programming, plus some select exclusive original programming exclusively for the online crowd.

But wait, there's more! Two new themed channels will be launched as well: Classics WBTV and a Sci Fi channel.

The WB is going after the 16-34 sweet-spot demographic, highly coveted by advertisers for their free spending habits on consumer goods. A combination of original programming and re-release of some of The WB Networks' most popular series is expected to ring the advertising cash register, while children 6-12 will be hit with youth-oriented programming including the libraries of animated characters and shows.

For more:
- WB inks web deals reports AdWeek

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Veoh Gets $30M From Intel, Adobe

Doug Mohney — Wed, 04 Jun 2008 10:11:56 -0400

Veoh Networks has received a $30 million bump in its bank account, thanks to a round of VC money lead by Intel and joined by Adobe and a senior VP of Capital Research Global Investors.

Existing investors Shelter Capital, Spark Capital, Goldman Sachs, Tornante Company, Time Warner Investments and Jonathan Dolgen also ponied up in this round. Veoh will use the cash to further enhance its video content, do more in video discovery, expand its advertising products and targeting capabilities, and extend its services across multiple platforms.

Outsiders should be less interested in Intel's investment and more in Adobe's. Intel Capital tends to throw money at a lot of different (and sometimes competing) pots just to place bets on anything that drives sales of faster processors. Adobe, not exactly a cash cow when compared to Intel, is selectively investing $100 million in VC money over the next three to five years in companies "leveraging Adobe platform technologies," so we can pretty much translate this into continued use of Flash and other Adobe technologies.

In the first quarter of 2008, Veoh brought in 28 million viewers who spent an average of 100 minutes per month on the site--a stickiness sure to attract and keep advertisers.

For more:
- Veoh announces $30 million VC round

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Top video VC fund raisers through August 2007
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