Is there an online video bubble? Plenty of start-ups are hoping to cash in on the online video craze. Is there enough money to go around?
By Paul R. La Monica, CNNMoney.com senior writer
April 18, 2006: 12:29 PM EDT
NEW YORK (CNNMoney.com) – Meet the next big television star: You.
Web sites such as the insanely popular YouTube are turning average schmos with a video camera into pop culture phenomena. And naturally, corporate America and investors have taken notice of this growing trend. But with so many sites cropping up and trying to attract financing from venture capitalists, a couple of questions need to be asked. Is there really enough demand for so-called user-generated content, especially when more big media companies like CBS (Research) and Disney’s (Research) ABC are putting mainstream programming online for free?