But with all the push, there's also been pull and with any market — startups rise and fall, and supply and demand dictate the terms of who survives in the changing environment. Advertisers are still not convinced that online video is the holy grail, and according to eMarketer, companies have yet to convert their spend of about $70 billion they're currently spending on TV advertising to online advertising.
More signs of compression within the space were seen last week, when we saw the first online video platform literally put itself on the auction block, with SesameVault selling itself on eBay (item 160405185640) with a starting bid of $500,000, with no takers so far. In addition, Ryan Lawler reported on the fall of Move Networks as Fox dropped Move Networks for Brightcove, Adobe Flash, and Dan Rayburn covered the news that Swarmcast laid off half of company, and changed focus to target CE devices.
On funding trends, Will Richmond has been tracking the money flowing into online video companies and he called February "a red-hot month" for online video financing. He noted financing rounds just in the last week for Clicker ($11M), YuMe ($25M), TidalTV ($16M) and Vook ($2.5M), adding to those previously announced: Encoding.com ($1.25M), IVT ($5.5M), Voddler ($3.5M), BrightRoll ($10M) and the big whopper of the month Ustream ($75M) though in two tranches. In 2009, he tracked 64 companies which raised close to $470 million, and so far in 2010, the total funding is just short of $150M.
The momentum is building for paid video content models and battles lines are drawn between HTML5, Flash, Silverlight and H.264, and as Brightcove CEO Jeremy Allaire said, the future of web content and mobile apps is really about the Internet’s dominant platform companies — Apple, Adobe, Google and Microsoft — trying to push their value proposition for broader adoption, and we've only seen the beginning.
Before the year marches on any further, here are some highlights of significant online video news stories so far in 2010.
Industry News, Online Video Advertising and Marketing
- A New Model for Producing Television & Online-Video Ads | Will Video for Food
- Adobe CTO Kevin Lynch Defends Flash, Warns HTML5 Will Throw The Web "Back To The Dark Ages Of Video"
- Apple to Buy Quattro Wireless, Echoing Google Purchase of AdMob | Kara Swisher | BoomTown | AllThingsD
- Ashkan Karbasfrooshan’s Magical Money Pyramid
- Boxee CEO maintains someone is lying about Hulu incident
- CES: Netflix CEO Hastings Sees 20 More Years Of Mailing DVDs; “Excellent” Chance Of Nintendo Wii Deal - Tech Trader Daily - Barrons.com
- Cisco Leads Series C Investment in Quantcast -- , Jan. 4 /PRNewswire-FirstCall/
- The Cloud Collaboration Wars Ramp Up
- Demand Media CEO Richard Rosenblatt Issues a Manifesto | Kara Swisher | BoomTown | AllThingsD
- DVD sales tank in 2009 as Americans head to the cinema
- EdgeCast expand CDN network with POPs in Paris, Singapore - FierceOnlineVideo
- Exclusive: FreeWheel Serving Almost 2 Billion Video Ads/Mo, MLB is Newest Customer
- Five Really Dumb RealNetworks Moves
- Google's Fiber-to-the-Home Experiment Could Cost It $750 Million or More
- H.264 'Free' License Extended, Mozilla Still Unconvinced - The HTML5 video codec problem remains - Softpedia
- HTML vs. Flash: Can a turf war be avoided? : News : Internet - ZDNet Asia
- Hulu's 'Ad Selector' Could Set Web Video Pace
- It's Not the Impression That Counts. It's What You Do With It - Advertising Age - DigitalNext
- Level 3 Launches New Content Delivery Partner Program | Business Wire
- Nielsen: Online video growth up, but slows from a year ago
- November Sees Number of U.S. Videos Viewed Online Surpass 30 Billion for First Time on Record - comScore, Inc
- On the Rise of Aggregators and Demise of Newspapers
- Online Video Ads vs Search Ads – The Fight of The Decade
- Online video industry group wants open specs for streaming delivery
- Online Video One Step Closer to TV-Sized Ad Loads - Advertising Age - MediaWorks
- Online Video Platform Solutions Focus on Video SEO Goodness
- Pre-Roll Video Ads Still Hated, Here to Stay - Advertising Age - DigitalNext
- RealNetworks.com > RealNetworks' Founder Rob Glaser Steps Down As CEO
- Rob Glaser Deserves More Credit Than He Is Being Given By Bloggers | The Business Of Online Video
- Recapping 2010 CES Video-Related News
- Ross Levinsohn: Online Video to Become "Mainstream" in 2010
- The Future of Web Content – HTML5, Flash & Mobile Apps
- TubeMogul Reports Many Video Viewers Can’t Stand Pre-Roll
- Ustream Joins the Pay-Per-View Fray
- Vevo Music Video Site Growing After Rocky Launch | Peter Kafka | MediaMemo | AllThingsD
- Video Advertising: Glass Half Full, Damnit!!
- Video CDN Pricing Declines Heavily In Q4, Other Pricing Trends Seen
- Video SEO Is A Gold Mine -- Here's How It Works
- Warner Bros.-Netflix Deal is All About the Long Tail
- Without Enough Inventory And Targeting Online Video Advertising Will Remain Dead
- What You Don’t Know About Videos & Search Engines Can…
- YouTube profits “coming this year” | Tech Blog | FT.com
- YouTube Turns Five Years Old, But Without Google, It Would Be Bankrupt
Online Video Platform and Related News
- Adap.tv launches online video ad exchange
- AOL ACQUIRES PREMIER ONLINE VIDEO PLATFORM STUDIONOW INC. | AOL Corporate
- Big News and Big Moves at Brightcove | Brightcove Blog
- Industry Moves: Brightcove Makes Serious Indie Move: Hires David Mendels As President/COO | paidContent
- Brightcove Targets TV Everywhere with New Solution Pack
- Brightcove To Power Mobile Video Explosion, Announces Mobile Experience for Flash Player 10.1
- Turner Taps Brightcove for Online Video in Europe - 2010-02-17 21:07:14 | Broadcasting & Cable
- Comcast/NBCU File Deal With Justice. - 2010-01-26 14:28:54 | Multichannel News
- Digitalsmiths Teams with Microsoft, Readies News and Sports Deals
- Encoding.com Heads to RackSpace’s Cloud
- Encoding.com Raises $1.25 Million Series A Funding from VC and Angel Investors
- ExtendMedia powers Polish web portal's OTT on-demand VOD launch
- Grab Networks In Talks To Sell Off Their Anystream Product Line | The Business Of Online Video
- How Sorenson Media Supports McCain’s New Video Campaign
- Justin.tv makes it easier to start streaming | Web Crawler - CNET News
- Kaltura offers Joomla site-builders new video tools - FierceOnlineVideo
- KickApps Lands NBCU for Social Video Sites
- Kyte Launches Console 2.0, Emphasis on Ease-of-Use
- Marcellus Signs Up The Jagran Group In Major Online Video Deal
- MediaPost Publications John McCain Campaign Gets Social 02/05/2010
- Ooyala Enters Japan with NTT Partnership
- Ooyala Expands Internationally – An Interview with Bismarck Lepe « Online Video and Video Providers - VidCompare
- RAMP Selected by AlwaysOn as an OnMedia Top 100 Winner
- RealNetworks’ COO John Giamatteo Quietly Resigns | paidContent
- Sorenson Media cites 50% revenue bump in 4Q 2009, says more to come in 2010 - FierceOnlineVideo
- thePlatform launches new online video management system - FierceOnlineVideo
- Unigo Selects Kaltura to Power Video for Its Online Platform for College Students and Its Recently Launched 'WSJ On Campus' Initiative - Yahoo! Finance
- Veeple Launches Search Engine Friendly Video Embed Codes
- Visible Measures Launches Trends; Releases Results of Superbowl Ad Study
- VMIX Expands Business Development Team to Accelerate Growth in Online Video Market - FierceWireless
- YuMe Raises $25 Mil
OTT
- Boxee Box officially announced: under $200, Flash 10.1 support -- Engadget
- The Boxee Box Will Stream 1080p, Play Hulu Videos
- Boxee Blog » Coming soon: Boxee Payments
- Comcast to Expand 'Xfinity' to DSL Subs - Telecom News Analysis
- Cord Cutting – The Threat May Be Larger Than You Think - TDG Opinions
- Hands On With HBO Go: Great Video Quality, Mediocre Video Selection
- Roku To Raise $30M, Lower Prices, Wants To Go Public Next Year
- Netflix Swaps Longer DVD Window for More Streaming Titles from Warner Bros.
- Streaming Media - DivX and LG Bring Streaming TV, No Box Required
- Skype to Be Integrated Into TVs From Panasonic and LG - NYTimes.com
- VUDU Now on Broadband HDTVs and Blu-ray Players from LG, Mitsubishi, Samsung, SANYO, Sharp, Toshiba and VIZIO
The State of Online Video
- MedFeedia posted their 3rd annual State of the Vlogosphere 2010
- NewTeevee posted a two-part series celebrating The Decade in Online Video, Part 1: The Early Years and The Decade in Online Video, Part 2: Time to Upload, along with a Guest Column: The Online Video Landscape in 2010
- Tim Siglin wrapped up 2009 in a post on Streaming Media - 2009: The Year in Review
- Ashkan Karbasfrooshan wrote on Techcrunch about The State of Online Video: Getting Paid for Content as well as 12 Surprising Things Holding Back Online Video Advertising, Context is King: How Videos Are Found And Consumed Online and How To Make Money In Online Video
Update 2/22/10 - In an article today, Digital Marketing Guide: Video - Advertising Age - Digital, Michael Learmonth noted that spending on web video advertising may increase by 50%. eMarketer and Piper Jaffray are putting the online video advertising market at or around $1.5B, up from $1.1B in 2009.