All Consumers Wanted for Christmas Was Portable Video Content
January 10, 2006
Veoh Sees Usage up 300% on Christmas Day; Catalog Grows to 20,000 Videos
SAN DIEGO--(BUSINESS WIRE)--Jan. 10, 2006--All those video iPods under the Christmas tree last month resulted in consumers going online to find mobile video content to enjoy on their new device. Veoh Networks, Inc. (www.veoh.com), the first Internet Television Peercasting Network, today announced it saw usage more than triple on Christmas Day. The company also noted that its free catalog of online videos doubled, to 20,000, since its beta introduction in September.
One of the more popular gifts this past holiday season was Apple's latest iPod, which includes the ability to watch full-color video on the go. Veoh now offers more than 8,000 videos on its network compatible with the video iPod. This is nearly three times the inventory available last month.
"One of the biggest discussions and avenues of innovation at the Consumer Electronics Show last week was the inroads being made to let consumers enjoy media anywhere and anyhow," said Dmitry Shapiro, CEO of Veoh Networks. "Veoh's democratization of video and the introduction of revolutionary devices, like the video iPod, means consumers around the world can realize this concept today."
Veoh software, installed on a consumer's PC or Mac, creates a virtual television network able to distribute TV-quality, full-screen video to hundreds of millions of users with broadband connections. Motion picture studios, television networks, organizations and individuals can publish unlimited amounts of video content to the network, providing consumers with unparalleled choice in television programming and control over their viewing experience.
Unlike rogue P2P networks used to share mostly pirated video, Veoh is a community of publishers and consumers, where published content is approved by editors, and consumers are assured they get what they request. The system also integrates tightly with RSS, providing content producers with easy publishing to multiple video systems.
About Veoh Networks, Inc.
San Diego-based Veoh Networks is the first Internet Television Peercasting Network, reaching hundreds of millions of viewers with broadband connections throughout the world. Veoh allows content producers, from video bloggers (vloggers) to motion picture studios, to deliver TV-grade, full-screen video directly to consumers, without financial, geographical or regulatory restrictions found in traditional broadcasting systems. Veoh is privately held and venture-capital funded.