The Internet TV and user-generated content sectors are gaining momentum and it looks like the big players are starting to take notice and open up their checkbooks: Sony has announced its intention to acquire YouTube-like site, Grouper for a cool $65 million. The news has sent similar sites like Revver, Blip.TV and others into a frenzy as they hope for a similar payday. Article [1]
Links:
[1] http://www.nytimes.com/2006/08/23/technology/23tube.html?_r=2&adxnnl=1&oref=slogin&adxnnlx=1156428992-7NpLRRQHn9EJW1u4xiwqLw