- Today Jumpcut sent messages to its users to alert them to the demise of Jumpcut. “Very soon, we’ll be releasing a software utility that will allow you to download the movies you created on Jumpcut to your computer. We’ll send instructions to the email address on your Jumpcut account when the download utility is available,” the company said.
- Meanwhile, as reported by StreamingMedia.com, Revver.com has stopped paying its creators. Former founder and the most huggable guy in online video, Steven Starr, is busy with his film, “Flow: For Love of Water.”
- And Metacafe? Well it’s just cursed.
But don’t panic. Neilsen reports that online-video usage is up (see pdf report)… YouTube, according to Neilsen, fetched 5.5 billion views in March (and some industry analysts claim that’s under reporting). The market is “sorting itself out.” Like any industry, we’ll have two or three major options, and the rest will vanish or, better yet, go niche.
At least we still have HuluTube. And Eefoof. And the Scottish lady from “Britain’s Got Talent” that’s all the rage for her Les Mis song.