{"id":278,"date":"2009-04-03T11:32:39","date_gmt":"2009-04-03T15:32:39","guid":{"rendered":"http:\/\/webvideouniversity.com\/blog\/?p=278"},"modified":"2009-04-03T11:32:39","modified_gmt":"2009-04-03T15:32:39","slug":"veoh-replaces-ceo-lays-off-36-of-staff","status":"publish","type":"post","link":"https:\/\/webvideouniversity.com\/blog\/2009\/04\/03\/veoh-replaces-ceo-lays-off-36-of-staff\/","title":{"rendered":"Veoh Replaces CEO, Lays Off 36% of Staff"},"content":{"rendered":"<p>I&#8217;ve long warned entrepreneurs about the dangers of relying on video sharing sites for their marketing efforts.\u00a0 Very few&#8230;if any&#8230;video sharing sites have managed to turn a profit to date.\u00a0 And with more money going out than coming in, it&#8217;s just a matter of math (and time) before changes occur.\u00a0 Changes that can make your videos disappear&#8230;literally&#8230;overnight.<\/p>\n<p>I&#8217;ve experienced this first hand.<\/p>\n<p>Last December, the free service I was using to host my video podcast sent out an email saying they were closing their doors in 5 days.\u00a0 That meant me (and many other people) had just 5 days to move our video podcasts elsewhere or have the lights go out on our audience.\u00a0 There was no prior warning.\u00a0 None.\u00a0 Just an unexpected email saying &#8220;we&#8217;re out of money and you have 5 days&#8221;.<\/p>\n<p>Around the same time, two giants in the video sharing site world, <strong>Google Video<\/strong> and <strong>AOL Video<\/strong> announced that they would stop accepting new video uploads (AOL has already done this, Google Video will stop accepting uploads in a few months).<\/p>\n<p>And now just yesterday, another big player in the video sharing world, <strong>Veoh<\/strong>, announced major shake-ups within their company.\u00a0 <strong>They are replacing their CEO and reducing their staff by 36%<\/strong>.<\/p>\n<p>Now, Veoh did put a positive spin on this shake-up saying among other things &#8220;every single quarter is a record quarter&#8221; and &#8220;we are just tightening our belts&#8221;.\u00a0 But still, a 36% reduction in staff is a bit ominous&#8230;no matter how you spin it.<\/p>\n<p>Expect more announcements like this&#8230;from more popular video sharing sites&#8230;over the coming year.\u00a0 How exactly end-user&#8217;s like you or me will be effected I can&#8217;t say.\u00a0 But one thing is clear; there will be change.\u00a0 Let&#8217;s just hope millions of user&#8217;s don&#8217;t get an unexpected &#8220;5 day&#8221; message like I did.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;ve long warned entrepreneurs about the dangers of relying on video sharing sites for their marketing efforts.\u00a0 Very few&#8230;if any&#8230;video sharing sites have managed to turn a profit to date.\u00a0 And with more money going out than coming in, it&#8217;s just a matter of math (and time) before changes occur.\u00a0 Changes that can make your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[19],"tags":[204,24],"_links":{"self":[{"href":"https:\/\/webvideouniversity.com\/blog\/wp-json\/wp\/v2\/posts\/278"}],"collection":[{"href":"https:\/\/webvideouniversity.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/webvideouniversity.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/webvideouniversity.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/webvideouniversity.com\/blog\/wp-json\/wp\/v2\/comments?post=278"}],"version-history":[{"count":0,"href":"https:\/\/webvideouniversity.com\/blog\/wp-json\/wp\/v2\/posts\/278\/revisions"}],"wp:attachment":[{"href":"https:\/\/webvideouniversity.com\/blog\/wp-json\/wp\/v2\/media?parent=278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/webvideouniversity.com\/blog\/wp-json\/wp\/v2\/categories?post=278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/webvideouniversity.com\/blog\/wp-json\/wp\/v2\/tags?post=278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}