Confirming earlier rumors, video-sharing site Revver has been acquired by LiveUniverse, a company launched by former MySpace parent company Intermix Media’s founder Brad Greenspan, according to reports from NewTeeVee and CNET News.com.
[tag]Web 2.0[/tag] company Revver is slowly sinking in stormy seas of increasing debt and lower audiences. After a major site update three months ago, Revver is now up for sale in the $300,000 to $500,000 range, unless you count the company’s debt, which is rumored to be in the $1 million range.
Read the rest of this entry
Back in September 14th I posted about Revver and how it was making big payments to people who were [tag]posting videos[/tag] to the site or who were adding video links to their blogs or websites. Today I will like to make another post about Revver and the benefits of using their service to promote your videos.
