Pravda on Media and Tech » WallStrip http://pravdam.com Pravda on Media, Technology, and Rebel Filmmaking Sun, 05 Feb 2012 17:05:39 +0000 en hourly 1 What does Wallstrip Cancelletion Mean for Internet TV? http://pravdam.com/2009/01/08/what-does-wallstrip-cancelletion-mean-for-internet-tv/ http://pravdam.com/2009/01/08/what-does-wallstrip-cancelletion-mean-for-internet-tv/#comments Thu, 08 Jan 2009 14:13:40 +0000 Kfir Pravda http://pravdam.com/?p=1063

Me and Howard Lindzon
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 startup exits. This was my favorite example for investors in Internet TV shows.

Today we were informed that the show is canceled, which is sad. However, saying that its cancellation means that Internet TV can't make money is like saying that the fact that some mobile startup closed its doors means that there is no money in mobile innovation.

Sad as it may be, we shouldn't look at it as if this is a clear sign that well produced Internet TV shows can't make money. How many startups are closed every day? Some stats are claiming that startup success rate are less than 10%. But still, no one says that the whole idea of startups is flawed.

Let's put things in perspective. Yes, independent Internet TV, especially high end productions, is still a young market. many production companies will not survive, especially with the latest economic slowdown. But, the vector is positive. We see more and more technologies bridging the gap between the TV set and the Internet. Online video is reaching more people than ever, on more devices. So we are in the right market - we just need cash and air to be there when the market will have enough money for all of us.

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]]> http://pravdam.com/2009/01/08/what-does-wallstrip-cancelletion-mean-for-internet-tv/feed/ 13 Economics of New Media Market – Link-O-Rama http://pravdam.com/2007/05/17/economics-of-new-media-market-link-o-rama/ http://pravdam.com/2007/05/17/economics-of-new-media-market-link-o-rama/#comments Thu, 17 May 2007 15:28:29 +0000 Kfir Pravda http://pravdam.wordpress.com/2007/05/17/economics-of-new-media-market-link-o-rama/

NewTeeVee » 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 2500$, Scobleshow makes 6 figures for Podtech a quarter).

The Business Of Online Video: Mogulus, Vator.tv, ScanScout and Black 20 All Get Funding - another post about video related financial rounds.

VentureBeat » Kyte.tv raises single-digit millions for online TV channel service, from prominent European investors.

]]> http://pravdam.com/2007/05/17/economics-of-new-media-market-link-o-rama/feed/ 0 3 Questions Rising From (rumors of) WallStrip Acquisition http://pravdam.com/2007/05/14/3-questions-rising-from-rumors-of-wallstrip-acquisition/ http://pravdam.com/2007/05/14/3-questions-rising-from-rumors-of-wallstrip-acquisition/#comments Mon, 14 May 2007 04:13:02 +0000 Kfir Pravda http://pravdam.wordpress.com/2007/05/14/3-questions-rising-from-rumors-of-wallstrip-acquisition/

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 bubblised so soon?

More to come...

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