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The ‘Seismic Shift’ in Online Video and Velocity Funds Broadband Enterprises

January 17, 2008
by Eric Eldon
Blogger, VentureBeat

Eric Eldon

Movie, television and radio writers have been striking since last fall. Meanwhile, “American Idol”’s ratings dropped sharply versus this time last year, and that’s a show that doesn’t need writers. Why? Well, viewers are going online. YouTube traffic has gone up 18% over the last two months, and Sony’s Crackle (formerly Grouper) has doubled from 1.2 million to 2.4 million users over the course of last fall, according to Nielsen Online.

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