Maybe we’re on to something
By Tim.Laurie Sullivan at NewTeeVee has a post today about The Professionalization of Internet TV, where she calls out the work many of us are doing, including our friends at Revision3 and Vuguru (I need to get to know some of the other people she mentions better) as the beginning of what could be a $5.9 Billion industry by 2011.
Next New Networks, ON Networks, Revision3, 60 Frames, Vuguru, Telegraph Ave Productions, WatchMojo — what do these companies have in common? They all use Moore’s Law and low-cost distribution over the Internet to disrupt the studio model, in the process building audiences that can rival a small cable channel. They are professionalizing internet TV.
And this business is going to get bigger. iSuppli, a market research firm, projects that professionally produced video will will bring in nearly $5.9 billion in revenues in 2011, up from $423 million in 2006.
I have to personally thank NewTeeVee for their great intelligence, especially as we had a board meeting today, and this was a nice thing to show around! Full article.
