Web TV

Blip Networks Hires New CEO Four Months After Cofounders Left

Ms. Day.

Q: How long does it take to find a new CEO after you raise $12 million? A: Not that long, it turns out. Go figure. Brooklyn-basedNew York-based Blip, which recently dropped the .tv and added a Networks, may not be a startup anymore. It’s more than six years old, its founders have already flown the nest, and it just hired a grownup CEO after a four-month search.

Kelly Day, EVP and general manager of digital media and commerce at Discovery Communications, will “take responsibility for the Company’s next phase of growth for its industry-leading advertising and distribution platforms,” according to a press release that comes about a month after Blip announced the fresh millions. Read More

Content

Gated Video Site MyPod Studios Reportedly Killing It In Just Six Months

(mypodstudios.com)

MyPod Studios is a curated video site with half a million in funding, a headquarters in New York and a beaming, brown-bobbed “hostess” named Bridgette who excitedly welcomes each new visitor to the site’s collection of video entertainment.

The site, which launched in September 2011, has an announcement to make: it had more than five million unique viewers in December, making it the 191st most trafficked site in the nation according to Quantcast, “right behind collegehumor.com, blip.tvand cbsnews.com and just five spots behind hulu.com,” as MyPod notes, all with a team of five. “Advertisers and consumers are flocking to the site, and they are profitable after only six months,” a rep wrote in an email to Betabeat. Read More

Venture Capitalism

Romney’s Former Firm Bain Capital Joins $12 M Round In Brooklyn-Based Blip Networks

blip

Finally, a Bain Capital story that doesn’t involve the term “vulture capital.” This morning, Blip, a video network highlighting original web series, announced a financing round of more than $12 million. Bain Capital Ventures, Canaan Partners, and other previous investors contributed $6.5 million as well as debt from Silicon Valley Bank totaling about $6 million.

The company, formerly known as Blip.tv, filed a Form D in December of last year, signifying that they had already raised $6 million from Bain and Canaan Partners.

In the press release, Blip claimed revenue had grown 100 percent year-over-year thanks to 13 million monthly uniques in the U.S. and 30 million monthly viewers globally. The new funding, said Blip, will be used to develop tools and services for web series producers, invest in its advertising and distribution platforms, and “significantly expand” syndication relationships.

Betabeat spoke with Blip COO Steve Brookstein to talk about the competition for eyeballs, whether YouTube is a friend or foe, and if he’s voting for Bain founder Mitt Romney. Read More

The Start-Up Rundown

Start-Up News: Web Video OMG, Kickstarter Makes a Kickstarter, and Nodejitsu Doesn’t Need You but More Than 100 Start-Ups Do

tv

The start-up week starts Wednesday:

VIDEO LAUNCH. General Assembly-based VHX.tv, launched by Vimeo alum Casey Pugh and Know Your Memester Jamie Wilkinson about a month and a half ago, is in public beta as of yesterday. The app, which creates a curated stream of video based on links your friends share on Twitter, Tumblr and the rest, has a better looking interface than TechStars-hatched competitor Shelby.tv and more channels , verticals, or filters, whatever you want to call them–but unlike Shelby, doesn’t put emphasis on who exactly shared what. “Coming soon: mixtape-style playlists, an API for developers, and iPhone, iPad and Boxee apps,” the company teased.

Meanwhile, Blip.TV and YouTube are ramping up efforts to suck users into web television with the same enthusiasm previous generations had for television-television. Read More

Web TV

Blip.TV Scores Distribution of YouTube’s Biggest Stars

michael green

Blip.tv, which just rolled out a new website, announced they will be partnering with LA-based digital studio The Collective to distribute massive web hits like The Annoying Orange, Fred, iJustine and FreddieW. Instead of just monetizing on YouTube, the shows will be able to draw revenue from places like iTunes, Aol and Blip’s destination site. Read More

Web TV

Indy Network blip.tv Is Ready for Its Close Up

dina kaplan

In a classroom at the Lighthouse School on East 59th Street a crowd gathered for a panel on the future of web TV. “It’s weird to look around and think that one of these people could be your next star,” said an exec from one of the major networks’ digital divisions. “Just someone with a webcam and the right idea.” 
Read More