Rapid Growth of Online Video – Promising for 2010

Online video companies are going to be an economic driving force throughout 2010, with the enormous power they are gathering alongside the significant percentages of advertisers and marketers who are moving their advertising budgets towards online video publishers. Beet.TV recently spoke with Ping Li, (Accel Partners) on this subject.

“The rapid growth of online video as a viable advertising medium, with marketers seeking uniform publishing environments, is leading to consolidation of the many start-ups, says Ping Li a partner with Accel Partners.

Accel is an investor in several online video companies including Brightcove, Glam Media, Metacafe and YuMe.

Despite a very difficult 2009, the online video industry is growing quickly.

Accel could find exits with both Brightcove which may file for an IPO next year and Glam Media which is could go public according to published reports” (Beet.TV)

Moviecom.tv will be launching its brand new platform within the next few weeks,(we included a sneak peak above!) fuelling the need for online video platforms that focus on the business arena. We will encourage our clients to use user generated content for video blogs and testimonials – completely FREE of charge.

This will continue to drive the online video market and create new and exciting content.

Get in touch today to find out more