Veoh Launches Online Content Platform

LOS ANGELES, February 13: Veoh Networks, backed by former
Disney chief Michael Eisner’s Tornante Company and Time Warner, among other
investors, officially launched its online video platform today.

"Veoh's mission is to bring the next generation of
television to people wherever they are—office, living room, or on the
go," said Dmitry Shapiro, the CEO of Veoh. "Technology will allow us
to dramatically improve the experience, and we believe our formal release today
is an important step towards realizing our goal."

Veoh says that it is “the most comprehensive platform for
Internet video” for both viewers, with DVD-quality content, and video
publishers, who upload their titles to Veoh, which then syndicates those
offerings to other platforms. During its Beta-test period last year, Veoh
launched a feature that lets video publishers upload videos once to Veoh and
automatically syndicate them to major video sites including YouTube, Google
Video and MySpace. Now with its official launch, Veoh has expanded its
syndication offerings to include Facebook, the publishers' own blogs, RSS feed
syndicators, iPods, and Windows Media players. Veoh publishers can also monitor
their audiences across the major video websites from their Veoh account.
Publishers choose advertising, paid content, or a mix. If they choose
advertising, they can sell advertising or have Veoh do it for them. If they opt for paid content, they can
choose from multiple options including pay-per-view, pay-to-own or subscription.

Viewers, meanwhile, can stream content directly from
veoh.com or download titles to the Veoh Player, a “virtual digital video
recorder”. The Veoh Player allows viewers to subscribe to episodic programs, to
watch at DVD quality, and to watch without an Internet connection. Viewers can
also connect the Veoh Player to their television. Titles are also compatible
with iPods and Windows Media devices.

In addition to the recently announced major content
partnerships with US Weekly and the
United Talent Agency, Veoh has already launched channels for partners including
TNT, Bennett Media, Paramount Pictures and New Line Cinema. Veoh launches the
TV Guide channel this week.

Overseeing Veoh’s programming slate is former TV executive
John MacDonald as president of content. Since joining Veoh during the
platform’s Beta test, MacDonald and his team have built a library of
approximately 100,000 videos and hundreds of channels across 15 categories,
including over 25 branded channels with many more in the works.

"Viewers clearly like the flexibility, features and
content we're offering," said Shapiro. "With our reports showing 4
million uniques in January and a monthly growth rate exceeding 20 percent, our
viral growth has been spectacular."