Ustreamtv tapped into more $ according to ‘always-on’ Caroline McCarthy:
There are seemingly more “livestreaming” services out there than people actually using them, but that hasn’t stopped Ustream.tv from raising $11.1 million in Series A funding. The cash comes from venture firm DCM, as well as existing investors Labrador Ventures and The Band of Angels. To be fair, Ustream has pulled away from the pack a bit: it’s the streaming service of choice for some high-profile live Web events like the Digg Town Hall.
With the new cash, Ustream will focus on product development and “meet(ing) growing market demand for an interactive-broadcasting platform.” In other words, it’s to better compete as the space grows tighter.
Adding fuel to burn the fire from their last round in December.
The Alley Insider is asking if you have ever heard of MeeVee? This coming on the heels of a recent company statement:
Due to accelerated development of the online entertainment market, the Board of Directors at MeeVee has determined that combining with an established player will maximize the potential for the community, technology and content relationships the Company has built. Accordingly, MeeVee is engaged in multiple discussions with potential acquirers that provide the greatest long term upside and synergy. Interested parties should contact Steve Hughey (shughey@meevee.com) for more information.
Apparently, MeeVee has content deals with CBS and Viacom, and mixes a guide to offline TV with Web video. It’s been around since 2000, and its raised $24 mllion since then, but the press release says they’re down to seven full-time employees “all in product and engineering.”
Wildscreen.TV lets video creators cash in, not sell out and offers 100% Ad Revenue to their users if they place their own ads on their custom channel. The new source for watching and sharing videos in HD-Quality - about music, theatre, dance, art and creative shortfilm. It is, as its slogan states, “fresh films by demanding directors for hungry consumers”. It provides a forum for those in search of quality, as contrast to the “everything goes” attitude of other sites. With Wildscreen.tv, the makers are aware of the major problem of the independent creative scene - the continual lack of financial resources.
Consequently, they offer their users the opportunity to support their own channel with advertising of their choice. 100% of the proceeds go directly to the operator of the channel. Quality applies not only to content, but also to the technical. The video resolution of wildscreen.tv is double that of other video portals (640 x 480 pixels) and the videos are streamed without interruption. There is also no limit on film length and data size.
Whoa.. whicked logo dudes.. 
Youku.com announced that data released by the China Internet Society underpins its leadership position in the Chinese online video destination. According to the DCCI report released in March, over the past six months Youku has increased market reach measured in terms of Internet users visiting the site as a proportion of all Internet users (34.8 percent, as of January, 2008), and registered an increase in the time viewers spent on its site — now averaging over 3 hours per month — and surpassing top competitors while also narrowing the gap with established Internet portals. Over one third of all Chinese Internet users, now totaling approximately 210 million, visited Youku.com in January 2008.
Via: XPRN
