Bookmark Vlog Blog
Nov
5
It looks like electronics retailer Best Buy is jumping into the video hosting game with the help of the UK-based firm Mydeo.
While it would seem the last thing the world needs is yet another video sharing site, Best Buy is looking to go after the market that wants to control who sees their videos. They plan to sell subscriptions to the service which starts at $6.97 a month. That price is for 100 minutes of video (with a maximum length of 30 minutes per video).
Best Buy already has partnerships with other companies such as Kodak (for photo sharing), Sirius and XM Radio, DirectTV and others. As the largest U.S. electronics retailer, they can pull people into their services with special offers that come with the equipment their customers buy.
Best Buy sells approximately one-third of all the video cameras purchased each year in the U.S. Many of the buyers of these cameras are not the YouTube crowd, of course, and the last thing in the world they want is millions of people seeing their personal videos. This service may be just the ticket for them.
LINKS:
Best Buy’s Videosharing Site (current resolves to Mydeo - don’t know if this will continue or not)