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Briefs: Vidshadow Produces New Devito Film, Veoh Preemtively Sues Universal, Internet Gridlock Imminent
A quick look at some of today's top online video headlines.
Briefs: Vidshadow Produces New Devito Film, Veoh Preemtively Sues Universal, Internet Gridlock Imminent
Veoh Sues Universal Music, Seeks Protective Copyright Ruling: Veoh, a online video sharing service, Thursday sued Universal Music group, hoping to inoculate itself from copyright infringement charges that have befallen YouTube and others.
Vidshadow.com casts itself in 'Home': A video-sharing site is taking on an unusual role -- as investor, producer and marketer of an independent film starring Danny DeVito and Katey Sagal. Vidshadow.com will produce two scenes in the film, "No Place Like Home," that will feature the site and its content, and it will create an innovative online marketing campaign that seeks to build an audience and find a distributor for the film.
Internet Gridlock Imminent Without New Investments, 'Smart' Technologies: With YouTube and dozens of imitators generating over 100 million user-generated videos a day, today's Internet traffic is piling up rapidly in a non-stop "digital rush hour" jam that could wind up in gridlock. To keep pace with current and future bandwidth demands, major investments in new capacity and intelligent network technologies will be needed, according to a new Analysys report released today by the New Millennium Research Council (NMRC - www.thenmrc.org).
JumpTV Buys Cycling.tv For $5 Million: JumpTV, the Canada-headquartered online video aggregator, has made another small acquisition, with its usual propensity for complex cash+shares+performance based deals: it has bought London-based Cycling TV, for about $4.95 million.
Travelzoo releases online documentary: Travelzoo has released an online video documentary that describes how it produces its weekly Top 20 list of travel deals. It is the first time since the Top 20 was launched in October 1999 that Travelzoo has revealed to subscribers how deals get into the list.
'YouTube killer' bags $100m funding: The as yet unnamed joint online video venture from News Corp and NBC, touted as a 'YouTube killer', has received $100m (£49.5m) in funding from Providence Equity Partners.