Veoh Networks Sees 184 Percent Traffic Increase

LOS ANGELES, June 13: The Internet TV platform Veoh Networks
has announced that traffic increased 184 percent since its launch in February,
with its user base jumping from 4.4 million to 12.5 million as of last month.

To date, more than 70,000 video publishers—from
independent producers to major brands in music, sports, politics, and
entertainment—have agreed to provide content to Veoh, including CBS,
Billboard, Paramount Pictures, Us
Weekly, Car and Driver, National Lampoon, Lionsgate,
Road and Track, and PBS. Through its
syndication system, Veoh automatically syndicates content published on its site
to YouTube, Google Video, and MySpace Video.

“These numbers reflect a surge in the power and reach of
Internet video, and the value that users place on the breadth of high quality,
interesting content available on Veoh,” said Dmitry Shapiro, the CEO of Veoh
Networks. “Whether viewers are seeking branded shows about music, movies,
television, comedy, cartoons or sports, or the latest user-generated content,
Veoh delivers a diverse range of choices. But we have only just begun. In the
coming month, Veoh will unveil the first in a series of next generation
products that will significantly impact the entire Internet television
landscape.”

Veoh viewers are able to watch long-form, full-screen
DVD-quality videos online and offline on any screen due to Veoh’s peer-to-peer
network design and the Veoh Player, which acts as a virtual Internet video DVR.