TV after YouTube
YouTube made two fascinating announcements recently: 1) viewers are now downloading an average of two billion videos per day on the service, and; 2) YouTube is almost showing a profit for Google, its owner. Think about the glorious inefficiency embodied in that latter statement: two billion downloads per day just to break even. And this is supposed to be the future of television? Hardly.
I think the future of television is Veetle.
Veetle, if you haven’t heard of it, is a Palo Alto-based startup that isn’t nominated for this summer’s Startup Tour. Veetle appears from my vantage point to be a peer-to-peer video distribution system that most closely parallels the current cable TV model except […]