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Briefs: 'Slate V' Quickly Popular, Joost Buys OnTheToob, RipCode
A quick look at some of today's top online video headlines:
Briefs: 'Slate V' Quickly Popular, Joost Buys OnTheToob, RipCode
JoostTeam.com: OnTheToob.com was acquired by Joost. Hal Schechner, the master mind behind OnTheToob, was hired by Joost and his personal site project was acquired at the same time.
MediaPost: Slate V is proving to be a sticky destination -- delivering more than 2 million video downloads since its launch in late June, its creators report.
Wall Street Journal: Two years after taking the helm of Sony Corp., Chief Executive Howard Stringer is quietly preparing a big move to expand the company and challenge rival Apple Inc. in an area that has thus far promised more than it has delivered: video-downloading services.
Red Herring: Online video sites continue to rack up millions of dollars in funding, as investors seemingly trip over themselves to place big bets on startups they hope will challenge market leader YouTube.
TV Week: RipCode does the heavy lifting for Web video. The company’s technology converts multiple video files simultaneously so they can be viewed across computers, mobile devices and iPods. That process, known as transcoding, essentially moves a piece of video into another format.