Babelgum invests $15 million in independent film
Once upon a time peer to peer video application Babelgum had its sights set firmly on Joost. Both applications allow users to watch internet video without a web browser and with an attractive full screen interface. But while Joost has been steadily picking up major studio and network content partners, Babelgum has focused largely on independent film.
And it turns out that may have been a smart move, as Joost hasn't really lived up to its hype over the past year, and major content producers are turning to other services like Hulu to distribute their material.
Now Babelgum is going all out on the indie film front, and creating a $15 million fund to invest in independent shorts. Any videos funded by Babelgum will be distributed solely through the online video application, although Babelgum may consider selling DVDs or pursuing TV distribution deals.
[via paidContent]
And it turns out that may have been a smart move, as Joost hasn't really lived up to its hype over the past year, and major content producers are turning to other services like Hulu to distribute their material.
Now Babelgum is going all out on the indie film front, and creating a $15 million fund to invest in independent shorts. Any videos funded by Babelgum will be distributed solely through the online video application, although Babelgum may consider selling DVDs or pursuing TV distribution deals.
[via paidContent]















Reader Comments (Page 1 of 1)
3-28-2008 @ 9:42AM
baillieuk said...
BABELGUM ONLINE FILM FESTIVAL
Hi, have a look at my film "Waiting..." to see children in Hebron taking to the roofs to get past soldiers trying to stop them from going to school. This film is in the Looking for Genius category and needs your vote!
http://www.babelgum.com/html/clip.php?clipId=112034
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4-28-2008 @ 8:13AM
Fleix said...
I see you like TV streaming sites. Well just to let you know that there is a better site than this called www.viewmy.tv it streams live global TV to your computer but is free and has no downloads so it is faster and the quality is really good. I also have a profile on the site which enables me to save my channels so I don’t keep on having to search them, find other people who like the same stuff as me from all over the world and join groups, talk to friends etc. Check it out! They even have created loads of gadgets, widgets and apps so you don’t even have to go to site to watch their streams- its is great!
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