Veoh Finally Calls It Quits: Layoffs Yesterday, Bankruptcy Filing Soon

Sentinel King · Feb 13, 2010

Here's why:

Veoh, one of several well-funded start-ups that have tried and failed to cash in on the Web video boom, is finally calling it quits. The company let go of the remainder of its workforce yesterday, and sources say it plans on filing for Chapter 7 bankruptcy protection in the near future.

Veoh, which started as YouTube-style site, has struggled for years to find a business model that works and has burned through $70 million in funding from name-brand investors like Goldman Sachs (GS), Time Warner (TWX), Intelâ€™s (INTC) venture arm, Spark Capital and former Disney (DIS) CEO Michael Eisner.

http://mediamemo.allthingsd.com/20100211/veoh-finally-calls-it-quits-layoffs-yesterday-bankruptcy-filing-soon/

Very sad news! That's how I received a word from the source that informed me! That's just great. Now I can't watch anime from veoh anymore.

Bolt · Feb 13, 2010

Now where will people watch TV shows?!

big_j_ny · Feb 13, 2010

Well guys, you can kiss those HK subs of Kuuga goodbye. Since those are the only subs available for the entire Kuuga series (since SCS Works and TVN are still way behind on the entire Kuuga series).

The same can also be said for the Agito subs as well........gone

CaptainB_Money · Feb 13, 2010

****!. I liked Veoh. I'm sure as hell going to miss it.

Kaji Motomiya · Feb 13, 2010

Veoh doesn't work on my Google Chrome anyway...but my internet life grew up on it. DX

big_j_ny · Feb 13, 2010

Jedibmoney said:
****!. I liked Veoh. I'm sure as hell going to miss it.

Same same, my man :bawling: :bawling: :nooo:

Arkvoodle · Feb 13, 2010

DAMN. I'll have to try & save the Syber-Squad episodes on there then....

CaptainB_Money · Feb 13, 2010

All the good video sites die so easily.

Anybody remember "Stage6.divx"?

KAGEKI · Feb 13, 2010

Not really a fan of Veoh, but kinda sad to see it go.

Aoiblue · Feb 13, 2010

R.I.P, you've done well this far.

Veoh Finally Calls It Quits: Layoffs Yesterday, Bankruptcy Filing Soon

Sentinel King

Banned

Bolt

boogie woogie feng shui

big_j_ny

Just an Internet User Passing Thru

CaptainB_Money

/B$ of the Tokusatsu. fanpage.

Kaji Motomiya

PARTY HARD

big_j_ny

Just an Internet User Passing Thru

Arkvoodle

Member

CaptainB_Money

/B$ of the Tokusatsu. fanpage.

KAGEKI

It stinks.

Aoiblue

Raxbait: Hip

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Veoh Finally Calls It Quits: Layoffs Yesterday, Bankruptcy Filing Soon

Banned

boogie woogie feng shui

Just an Internet User Passing Thru

/B$ of the Tokusatsu. fanpage.

PARTY HARD

Just an Internet User Passing Thru

Member

/B$ of the Tokusatsu. fanpage.

It stinks.

Raxbait: Hip

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