Michael Learmonth posted an article last week that outlines the amount of money that has been poured into online video companies and platforms for the last several years:
2005: $1.764 billion
2006: $2.117 billion
2007: $2.009 billion
2008: $453 million
- data from DowJones VentureSource
Just back in March, we posted that investors had already put more than $200 million towards online video in the first quarter of this year.
When you total up those investments along with various acquisitions (Youtube, Grouper/Crackle, Maven, etc…), the total for 2005-2008 is more than $8 billion and counting. As Michael points out, this excludes the money that has been poured into investments overseas.
In addition, he points out that while this seems like a ton of money, and it is; it pales in comparison to other speculative investments.
“Merrill Lynch wrote off $9 billion in bad mortgages in the first quarter of 2008 alone (and $29 billion since the meltdown began.)”
What do you think?
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About the Author -
Mark R Robertson Mark Robertson is the Founder and Creator of ReelSEO.com and has had extensive experience in online marketing, particularly in Search Engine Marketing (SEM) and Search Engine Optimization (SEO). Mark was previously the Director of Search for Freedom Communications and has worked with many newspaper and broadcast stations for optimization online content.
