On the eve of Streaming Media East, there is a lot going on:
- CBS is buying WallStrip for an estimated $5 million PaidContent has confirmed. Host Lindsay Campbell will likely bring new viewers to CBS’ online content in much the same way ABC has leveraged Amanda Congdon. Producer Adam Eland will be on a panel entitled creating the new television at SME Wednesday.
- VCs continue to spend big bucks on Online Video – New funding announcements have occurred almost daily over the past few months – kind of brings back memories of the mid-nineties. Some in the past week:
- 5/14:ScanScout $7 million; General Catalyst Partners
- 5/10: Roo $25 million; undisclosed investors (NewsCorp)
- 5/9 joost $45 million; CBS, Viacom, Sequoia, Index, Li Ka Shing
- The Department of Defense will block video sharing and social networking sites. Citing security concerns and network slowdowns, thirteen sites will be no longer be accessible from DOD networks, among them YouTube and MySpace. Meanwhile the online propaganda war on terror continues (below).
- Hillary Clinton is stepping up her online campaign. Today Bill Clinton tells you why you should vote for Hillary. At the same time, the campaign will begin a text messaging push. The ease of embedding (below) and the fact that it was promoted by e-mail from Bill Clinton has led to 70,000 views in a little more than a day.
- We expect to see some interesting announcements particularly relating to commercial use of P2P technologies at Streaming Media East in the next two days.
[...] military restrictions – “we would prefer that they not…people are pretty good at determining how they spend [...]
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