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Tubearoo, Inc. in buying mode

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tubearoo_buying.jpgTubearoo, Inc., with its mission to become one of the world’s largest Internet video networks for users to view, upload, and share Internet video, announced that it has begun to more closely consider the acquisition aspect of the growth strategies for its business.

“From the beginning our general plans have involved growth through internal development as well as acquisitions, and we are now more closely considering the acquisition side to the growth of our business,” said Paul Medvedev, Tubearoo’s President and CEO.

“With relatively high market fragmentation, the Internet video business is primed for consolidation and acquisitions, and we have had the opportunity to loosely review a few acquisition opportunities. As we continue our search, Tubearoo hopes to find companies to acquire that will be a good strategic and financial fit,” said Medvedev.

Tubearoo’s plan is to build a network of Internet video, social networking, and people-powered websites. Currently operating Tubearoo.com, Shoutwire.com, Teleroo.com, and Tubearoo.cn, the company hopes to develop and acquire other websites to add to the network. Medvedev added that “Any companies interested in such a transaction should contact Tubearoo directly, we welcome the occasion to learn more of any potential opportunities with interested parties.”

Originally posted on July 13, 2007 @ 7:50 am

Brightcove launches UK operations

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brightcove_uk.jpgBrightcove, Inc. announced the launch of its UK operations and the opening of an office in central London to manage the company’s growing business in the region. The Brightcove Internet TV service is already in use by the world’s leading media owners, publishers and advertisers, and the company’s expansion into Europe opens up new opportunities in the region to grow audiences and develop new revenues using video content online.

“The Internet is changing the way video content is distributed and this has a direct impact for mainstream media companies looking for new opportunities to grow audiences as well as opening up new revenue streams for both media owners and advertisers. Bringing our multi-layered approach to Internet TV to Europe gives media owners in the region the highest degree of choice and control over the distribution and monetization of their Internet video content,” said Jeremy Allaire, chairman and chief executive officer, Brightcove.

Originally posted on July 12, 2007 @ 7:34 am

Veteran magazine editor Michael Caruso launches TheDailyTube.com

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TheDailyTubeVeteran Magazine Editor Michael Caruso launched TheDailyTube.com, a startup that searches the best videos online and stores them in one platform for easier update and access.

TheDailyTube allows users to subscribe through email such that they automatically get the best and must-see videos without having to browse endlessly through online video sharing sites.

“I’m a big fan of YouTube, Grouper, Funny Or Die and other video websites,” says Caruso. “But who has time to wade through thousands of videos to find the hidden gems? If I have five or ten minutes, I want to see the best new stuff right away. I talked to friends and realized there were a lot of people who had the same frustration.”

Currently, TheDailyTube is composed of a team of internet-savvy websurfers, editors and writers who scouts the net for new videos everyday, filtering the funniest, smartest, and most creative ones, and posts them to TheDailyTube under various categories such as Humor, Celebrities, Music, Sports, etc. Users can either view these videos through the site, or they can sign-up for the free email-service so that they get feeds through email.

Michael Caruso has been known for his past involvement with popular magazines such as Men’s Journal, Details, Vanity Fair, and at the present, with newly-launched business magazine Conde Nast Portfolio.

Originally posted on July 12, 2007 @ 7:47 am

Heavy.com, Castrol team up to launch Drifting Channel

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CastrolCastrol and Heavy.com have teamed up to introduce a custom made Heavy Tuning Channel that is pure adrenalin filled drift racing action.

Drifting-often referred to as “drift racing”-is a controlled high speed test of lightweight vehicles sliding around a turn to make the most stylized and complex drift possible. Drifting is not a race but rather a sport where drivers compete against each other and are judged on the basis of style and execution.

Drifting fans can sign up to be a part of the drifting community, which features National Radio & TV Personality and Castrol spokesperson FunkMaster Flex. Users will automatically be given their own MyHeavy drifting profile page that will feature a drifting video locker. This action packed locker will be automatically updated with the new racing content from Castrol.

Originally posted on July 9, 2007 @ 12:48 pm

FinditQuick.com adds video-sharing, social networking to search engine platform

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Find it QuickFinditQuick.com, Inc. partners with KickApps.com as it launches Quick Shots, a new video adventure and social networking site to fuel up the online up entertainment community some more.

Quick Shots combines media center with social network, giving users the option to upload, tag, share and save favorite videos, photos, and audio, as well as the functionality of RSS feeds to keep up with what’s the latest in the community. Users can also send and receive messages and interact with the other members of the network.

“We believe that users are looking for a video and audio streaming source with the interaction of individuals of the same interest” says Ron Halleen CEO/President of the company. “An individual now can go to one site and have all these options of a social community”.

FinditQuick started as an independently owned PPC search engine platform in March 2000. Kickapps.com, meanwhile, is a hosted platform that allows webmasters to deploy user-generated content and social networking functionality directly on their website.

Originally posted on July 2, 2007 @ 12:21 pm