A lot has been going on in the world of video these days. Yahoo and Livevideo.com both came out with services to broadcast yourself live to the world. Another big rumor going around was that Revver was looking to sell. Reportedly they were trying to sell for between 300k to 500k. Well those reports were way off in terms of the selling amount.
5 million is the amount of dollars that Live Universe paid for Revver. If you are not familiar with Live Universe they also own Live Video. Personally 5 million seems a bit high but it is great for the people at Revver who were basically in debt. The Revver employees are expected to continue working under the new management. I’ve been a fan of Revver for a while and upload all my videos to it. My Revver page is at revver.com/u/smojo. They have a very strict policy on using copyrighted media which is sometimes annoying but I think it is a good policy for them to have. We will have to wait and see if they try and integrate Revver and LiveVideo in some way.
Yahoo! Video got a major update yesterday. It currently holds the number 3 spot in the video site market when it comes to amount of viewers. Obviously Youtube/Google is the leader in the market with Fox Interactive Media in the second position. It was really in need of an update and they have finally done it. Some of the major differences you will see are a 16:9 player, capacity increases and also featured sections for different topics. You are also able to use JumpCut to edit your video now which is a nice feature. My Yahoo! Video page is at HERE.
Popularity: 81%
2 Responses for "Revver gets acquired…Yahoo! relaunches video site"
Great post Smojo. Wow 5 million!
Five million seems OK for Revver. I can’t believe they were only expecting to get 500k. I mean, I know they aren’t the biggest player out there, but it seems like they’d be worth more than that. I use them, too. Don’t even think I’ve made a dollar in revenue, but that’s no surprise. I do think that Revver’s embed player is better than YouTube’s, for whatever that’s worth.
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