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I Couldn’t Resist…Youtube vs Broadcast.com 10 years ago

May 30th, 2008 by kerrysoft and tagged , ,

After learning this on ValleyWag :

“YouTube, he said NewTeeVee, is merely proceeding to realize revenues of about $70 million to $90 million in 2008. InVideo ads - the kind Sanchez took Google rived off - will be an even littler part of the pie.”

I know this isn’t apples to apples. These are 1999 dollars, broadband penetration was dramatically downcast back so and we weren’t an advertising held mode, but and then once more, we didn’t give to subsidise the bandwidth of every non commercial-grade video on the internet and do everything we perchance could to fend off copyright law.

I simply can’t help but put up a link to my original article and a Broadcast.com quarterly release. If alone we had today’s bandwidth costs backward and so…

broadcast.com Reports Record Second Quarter Revenue Revenue Increased 130% From Same Period in 1998 - Company Fiscal Information

July 12, 1999

Broadcast.com (Nasdaq: BCST) Wednesday covered revenue adding up $13.5 million for the second quarter terminated June 30, 1999, an increase of 130% over $5.9 million in the same period in 1998, and a 31% increase over the first quarter of 1999. Net loss for the second quarter of 1999 was $1.9 million, or $0.05 per introductory and thined share. This compares with a final loss of $3.5 million, or $0.11 per introductory and cut share during the second quarter of 1998.

Broadcast.com staked firm revenue growth, with revenue from Business Services increasing to $9.5 million for the second quarter of 1999, a 138% increase over the same period of 1998 and an increase of 34% over the first quarter of 1999. Business Services revenue interpreted 71% of the full revenue covered. Promoting revenue increased to $4.0 million for the quarter terminated June 30, 1999, an increase of 114% over the same period of 1998 and an increase of 25% over the first quarter of 1999.

Todd Wagner, main executive officer of broadcast.com alleged: “We extend to lucubrate our turnkey business-to-business Internet sending services, as we forked out 960 events in the second quarter of 1999, more than three-fold the number of events in the second quarter of 1998 and a 45% increase over the first quarter of 1999. In addition, our of late subscribed agreement with Level 3 Communications admits us to present eminent- quality broadband content to mass, scalable audiences, attesting our commitment to persisting in to descale our network to allow for our customers with a all over, end-to-end broadband and digital media solution.”

Broadcast.com (Nasdaq: BCST) is the conducting aggregator and broadcaster of welling out media programming on the Web with the network infrastructure and expertise to present or “stream” hundreds of hot and on-demand audio and video programs over the Internet or intranets. The broadcast.com Web sites offer up a tumid and comprehensive selection of programming, including sports, speak and music radio, television, business events, total-length CDs, news, video, commentary and total-length audiobooks. Broadcast.com broadcasts on the Internet 24 hours a day, seven days a week, and its programming admits 420 radio stations and networks, 56 television stations and cable networks, and game broadcasts and other programming for over 450 college and professional sports teams. Broadcast.com besides brings home the bacon Internet and intranet broadcasting services to businesses and other organizations, including turnkey production of unrecorded and archived press conferences, earnings conference calls off, investor conferences, trade demonstrates, stockholder meetings, product introductions, preparing sessions, distance finding out telecourses and media events. For more information on broadcast.com and its unrecorded and on-demand programming, call www.broadcast.com.

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