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I think that is a good bet. As for making money on online videos that spread virally-- I think if anything we will find out who is the 'best'. Hard to say.
If a CBS broadcast drama or sitcom was canceled, we wouldn't say the entire
channel is in jeopardy.
WallStrip probably could have succeeded in the hands of another owner, or
if it had remained independent.
This might be less spin than it seems. Wallstrip's original host, Lindsay Campbell, moved onto another project also by CBS, http://www.moblogic.tv - mind you, production there seems to have slowed down a bit as well as of late...
for an online show! WallStrip is still the victor.
I'm sure they didn't have to give the money back.
And a warning to all video shows that sign on the dotted line with a big corporate company.
You are at their mercy...and they have very little.
Oh, and check out my show at http://www.thedogfiles.com
Big, giant, scary corporate companies especially!
The facts are the show never had a large audience. It had a buzz among the well connected and well-heeled for a bit, but that set doesn't particularly watch online video.
I wonder if the rich dude who funded the show continued to tell all his well-heeled friends to check it after he sold it? Probably not.
CBS didn't really know what to do with the show, and at 5 million dollars starting in the red ink after it's acquisition, how was it going to make money? Most ad sales teams don't know how to sell for online video, yet - and I'm sure they rather ring the bell for a huge on air sale than cloud the waters with pushing a online video sale that generates enough commission for a cab ride home the Chelsea after doing a line of coke at Veloce.
CBS didn't know what to do with the show online. There online video strategy in that area was really poor. Online video is for infecting other sites and jacking their traffic, not for building a portal/destination site at the moment.
I believe we are still the first inning of web video. tv shows are cancelled every year after many more millions are spent. people need to get some perspective on these things.
You seem so angry about the analysis of 5 million. It was a bad deal.
Think Billions for Broadcast.com by Yahoo or 25 million for Engagdet and the other lame blogs to AOL
Down the drain. Nice.
Did you take the fall for a bad acquisition?