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Veoh Cuts 20 Percent

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Los Angeles- and San Diego-based Veoh (www.veoh.com), an online video sharing site, has laid off 20 people, or roughly 18-20 percent of the firm's employees. Veoh said that the firm, although doing well financially, could not predict how soft the online advertising market will become, given the economic challenges of today.

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Veoh In International Partnership

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Los Angeles- and San Diego-based Veoh Networks, a provider of Internet video sharing services, said today that it has entered into a partnership with Axel Springer Digital TV Guide GmbH. According to Veoh, Axel Springer is in a strategic international partnership with the firjm, specifically in Germany.

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SmartDrive Systems Snags Former Veoh CEO

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Mitgang was previously CEO of Veoh, and also had served at Senior Vice President of Yahoo!'s s advertising products, platforms, and services. San Diego-based SmartDrive Systems said Monday that it has named Steve Mitgang as its new CEO.

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Adconion Names Wiseman North American COO

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Adconion Media Group , the online advertising network firm which has its North American headquarters in Santa Monica, said today that it has named Bruce Wiseman as Chief Operating Officer for North America. He also has served as SVP Finance and Operations at Veoh Networks, and roles at Yahoo!

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BUZZMEDIA Boosts Sales Efforts With Hires

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Hollywood-based BUZZMEDIA , the entertainment and pop culture publishing firm founded by Anthony Batt , said today that it has hired on two new sales execs, as part of a push to expand its advertising sales. Wiedre joins from Heavy.com, and had also worked at Veoh Networks and Flavorpill.

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Get to Know Richard de Silva of Highland Capital

Both Sides of the Table

He then worked in consulting which gave him a broad base of business experience working with the newspaper, cable, and advertising industries. Initially it was a UGC site that competed with sites like YouTube and Veoh. Why do you think Veoh didn’t succeed? (40:30 It had a strong user base and 50 million monthly uniques.

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Interview with Richard Yen, Saban Ventures

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For example, our existing portfolio is content related--Next New Networks, which is in online video, creating content for super distribution on multiple sites like YouTube, Metacafe, AOL Video, Veoh, and others--happens to be a content company. What's your prior experience and how'd you get into this? What's your ideal investment opportunity?