<truth>
After unsuccessful attempts to monetize their core services, Performancing has finally pulled the plug on their operation.
</truth>

<fiction>
Anticipating this move, 901am editors were standing by before the announcement was made, and we were actually fortunate enough to capture video footage of the event as things unfolded.

Or should I say crumbled.

The screaming guy in the background? That’s Nick Wilson.
</fiction>

Originally posted on January 22, 2007 @ 8:57 pm

Yesterday, US senator Barack Obama announced his presidential bid via video at upstart provider Brightcove. This morning, on the heels of that bit of viral publicity, Brightcove announced that they have received $59.5 million in private funding for their Internet TV service.

Just when you thought the video vertical was saturated, too, right?

[Read more…]

Originally posted on January 17, 2007 @ 9:27 am