Web 2.0: Making Money On Video, Podcasting
I was on a panel this morning with Mary Hodder of Dabble and Susan Bratton of Personal Life Media, discussing revenue models for online video and audio. Stat from Mary: Each day 300,000 new video files are uploaded to the web. Stat from Ask A Ninja’s Kent Nichols: In August 07, there were 9.7 billion searches and 9.1 billion video views. Wow, that’s something to think about. Someone asked me how much money we’re all talking about; I said we should start by taking that $5 billion (3% of $162 billion in US TV spend) that Nielsen just announced is wasted because no one is watching. After that, we should take a look at the other $157 billion. Hey, maybe Nielsen is being generous to the networks.