Image by *Samantha Murphy* via Flickr In one word – nothing. Wallstrip was, for the last couple of years, a success story in the world of Internet TV. The show raised half a million dollars, and was sold to CBS for $5M – a X10 on the initial investment, which is the factor of successful [...]
NewTeeVee ยป Video Funding Keeps on Coming – post about financial rounds in the online video industry paidContent.org: The Economics of Content – @ Streaming Media: Video Blogs Try To Hold On To New Media Values As Old Media Pays Attention – forwarded by a friend, this excellent post provides additional figures (wallstrip chapter costs [...]
Just read the confirmation from Techcrunch regarding the deal rumors about WallStrip. It seems that CBS just bought them for the staggering sum of 5M$. If this is true I wonder: 1. Will we see more VCs going into this field? 2. Will WallsStrip escape the fate of Amanda Congdon? 3. Is this industry being [...]
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