The next time you find yourself "wasting" hours going through clips on YouTube, start thinking about the ways that you could make money through online videos. There's definitely profit to be had for the enterprising souls who make them.
Hulu CEO Jason Kilar threatened to leave the video site last fall over a dispute about its subscription pricing, The Wall Street Journal reports.
Research firm ComScore projects that spending on online-video advertising will more than triple between 2010 and 2015. But that doesn't mean you'll necessarily see more commercials per video. Spending will continue to lag behind the huge growth in online videos, according to ComScore.
Motorola snapped up virtual media storage maker Zecter, moving to bolster its Motoblur service and drive growth ahead of its split next month into Motorola Mobility and Motorola Solutions.
Viacom, which in June lost its case seeking more than $1 billion in damages from YouTube for alleged copyright violations, on Friday filed for an appeal. The case could have major repercussions for other websites with user-generated content.
Blockbuster's long anticipated bankruptcy filing is apparently headed down the final stretch and could come by the end of the week. One of the cost-cutting moves the video chain is teeing up calls for 500 to 800 additional store closures beyond the nearly 1,000 it previously planned.