Hulu could go paid sometime next year
News Corporation has already hinted that they are planning a subscription based model for the Hulu service in which they are partnering with other media giants ABC and NBC.
The company has now hinted that the new model could be launched as early as next year as they [...]

Veoh killing 20 jobs in the company
Video sharing service Veoh has announced that they are now cutting 20 percent of its workforce.
This means that the company would let go off around 20 employees to cut costs.
Company representative Gaude Paez said in a statement: “We know the realities of the market. But no one knows [...]

Youku.com receives US$30 million investment
Youku.com is one of the most popular video sharing destinations in the Chinese market.
However, the company was not on the Chinese government’s recently released list of approved web services to provide video sharing.
Youku.com has revealed that they have received an investment of US$30 million.
The company added in a statement that [...]

Veoh Networks gets $30 million funding from Intel and others
Online video service Veoh Networks has revealed that they have now secured a $30 million funding from investors including Intel, Adobe Systems and Gordon Crawford.
The company added that they would be using these funds to invest into development of new services and features.
Veoh is one of [...]

Dailymotion aims to become profitable next year
One of the few popular rivals to Google owned YouTube video sharing service is Dailymotion.
This France based video sharing service was launched at around the same time as YouTube.
Company CEO Mark Zaleski said in a statement in Paris: “We are confident that we could be profitable in a [...]