Daily Marauder

ONLINE SERVICES/INTERACTIVE MEDIA

Sony‘s entertainment unit is negotiating with Google to become the first major U.S. film studio to post full-length movies on YouTube. No other details on the possible deal were provided by Sony. YouTube did not comment on the talks. Bloomberg (4/9)

As video sites on the Web struggle to find a business model that will pay their mounting bandwidth and storage bills, many of them are trying to reinvent themselves. Veoh, which has raised a total of $70 million, had to cut 35 percent of its staff earlier this month and the site seems to be losing steam. Unique visitors are down 18 percent from their high a year ago to 15.2 million worldwide, and users of its desktop app VeohTV are down 40 percent to 7.2 million worldwide, according to comScore (see chart below). (http://www.techcrunch.com/2009/04/10/veohs-hail-mary-spreading-video-search-across-the-web-with-video-compass 4/10)