|
|
|
|
|
by billturner
5478 days ago
|
|
This is really quite sad. In 1999, Yahoo bought the streaming media company (not just video, but radio/sports/original content/etc) I worked for, broadcast.com. They then proceeded to slowly drive the property into the ground, to where now, there's so little of it left it's pathetic. If they had really grasped on to what we were doing back then, and ran with it, Yahoo would have come out ahead of YouTube, Google Video, and, I could imagine, many of the current streaming radio players out there now (lastfm, rdio, etc). But that didn't happen. They silently killed off what they spent so much on to buy. |
|
Broadcast.com was almost 10 years ahead of its time and probably would not have survived on its own. Yahoo made one of the worst acquisitions in history and then did the smart thing by cutting their losses.
Until around 2005 (when Flash Player 7 implemented progressive streaming) there was no good way to stream video on the internet and not enough users with broadband to build a big business around it.
YouTube was created at exactly the right moment, by a startup, which is how it would have happened regardless of what Yahoo did.