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YouTube 2?


YouTube A popular Web video sharing site that lets anyone store short videos for private or public viewing. Founded in 2005 by Chad Hurley, Steve Chen and Jawed Karim, it was acquired by Google in 2006 for $1.65 billion.  2?: Los Angeles-based online video content service Revver is drawing interest from media big boys. The company has picked up Comcast Comcast Corporation, (NASDAQ: CMCSA) is the largest[1] cable television (CATV) company and the second largest Internet service provider in the United States.  Interactive Capital and Turner Broadcasting as secondary backers in Round B financing. In its initial round of financing, Revver garnered $2.5 million and has added an additional $8.7 million in Round B with $1 million coming from Comcast and Turner. The move puts Revver into the company of other Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 sites that have been purchased for formed alliances, such as News Corp.'s MySpace.com and YouTube.com's affiliation with NBC/Universal. Revver is one of the few online video companies that splits advertising revenue with video creators. The company also tracks the viral Meaning "related or caused by a virus," with regard to computers and information technology, the term refers less to a computer virus than it does to information that spreads quickly via the Internet. See viral marketing and viral video.  success of videos across the Internet.
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Title Annotation:News of the Week
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1USA
Date:Aug 7, 2006
Words:124
Previous Article:To go.(News of the Week)
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