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Monday, February 5, 2007

you tube

Online video is starting to follow a familiar path in the media business.Today on the Web there are probably more than 200 sites where video is the dominant draw, although no one knows the exact numbers.If you look hard enough, you'll find interesting things besides YouTube.Call it a part of the gold rush sweeping the Web for video. Through the first three quarters of 2006, $522 million in venture capital was raised for video start-ups. By comparison, in all of 2005, $294 million was raised, according to figures from Dow Jones VentureOne.There are many reasons why the money is rushing in. Start with YouTube's stunning success and $1.65 billion payday from Google.Also, the technology to create a home movie and post it on the Web has become pretty simple. To watch a Web video, you need a high-speed connection, which the majority of Internet users now have

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