Revver.com, the video sharing website, is up for sale. Apparently, the idea of sharing ad revenue to video producers isn’t a lucrative business and Revver is now $1 million in the red.
Reports from News.com says Revver is selling itself for a cheap $300,000 to $500,000. Potential buyers will have to shoulder the debts too.
Revver has received about $12.7 million in venture funding in 2 rounds. It has made a name for itself within the crowded video-sharing field by offering to share ad revenue with videographers who post popular clips on the site. Launched in 2006, Revver took the cue from popular video sharing site YouTube which later Google bought.
The idea of inserting video ads at the end of the clips was supposed to solve the business model. With this development, it looks like the idea didn’t fly.
In October last year, YouTube followed suit and introduced AdSense for Videos but there hasn’t been any good news from that end as well.
Revver has already paid about $1 million to their publishers in July 2007 but it looks like recent ones won’t get a check from them anymore. People only used Revver specifically because of the revenue-sharing scheme. Now, it looks like they’ll flock back to Youtube.
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uh oh… happyslip and her friend nalts host their videos on revver, right??
revver has bugs on their player. there are times na yung ad ayaw matanggal so the video page needs to be refresh para umayos… probably another reason bakit hindi sikat ang revver for video hosting.
they are failing… more of not what revver cant do but more of what you youtube already does. youtube already solved users video needs. just like friendster in the phils, now hard for any other player in the social sites class to bump friendster.
Ooooohhh… and I was thinking of posting my pilot videos in revver… guess I’ll stick to youtube for a while…
@TJ then share your youtube videos to ebenta @ http://www.ebenta.com
Wow that’s just too bad. I like Revver. I think what a lot of people don’t know is that you don’t just have to be a video content producer to earn money from Revver. They actually share revenue with people who share the videos as well. Just sign up for an account then share some videos by emailing them or posting them to your blog. The link comes with an affiliate ID and if someone clicks on the ad, you get a cut from the revenue as well. I think if more people knew that, they’d be more interested in joining and promoting Revver.
I cant remember if i have visited River. Wait it’s Revver…
@jamie,
happyslip has a youtube account
Awww…That’s too bad. I host my vlogs on Revver not because of the “revenue-sharing” scheme but because of the awesome quality of the videos!
Youtube’s video quality sucks. I wonder where I can find a video sharing site where quality is as good as revver’s.
Revver is acquired amid spike in interest: http://tinyurl.com/2rq76n
@Goe D: thanks for the tip… i’ll check it out later
Revver was reportedly bought by LiveUniverse according to newteevee.com
@karla
happyslip started on revver. she even has a second channel there: happysliptalk
You guys are acting like Revver is going to be no more. They were acquired by LiveUniverse and they’re still around.
Not that I can blame you. The original article was sensational garbage. Did yuga pull that entire last paragraph out of his ass? Must have hurt.