Revver in Debt; for Sale

Revver Revver.com, the video sharing website, is up for sale. Apparently, the idea of sharing ad revenue to video producers isn’t a lucrative business and Revver is now $1 million in the red.

Reports from News.com says Revver is selling itself for a cheap $300,000 to $500,000. Potential buyers will have to shoulder the debts too.

Revver has received about $12.7 million in venture funding in 2 rounds. It has made a name for itself within the crowded video-sharing field by offering to share ad revenue with videographers who post popular clips on the site. Launched in 2006, Revver took the cue from popular video sharing site YouTube which later Google bought.

The idea of inserting video ads at the end of the clips was supposed to solve the business model. With this development, it looks like the idea didn’t fly.

In October last year, YouTube followed suit and introduced AdSense for Videos but there hasn’t been any good news from that end as well.

Revver has already paid about $1 million to their publishers in July 2007 but it looks like recent ones won’t get a check from them anymore. People only used Revver specifically because of the revenue-sharing scheme. Now, it looks like they’ll flock back to Youtube.

Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

https://www.yugatech.com

17 Comments

ReuptuffShuts says:

16 years ago

nice, really nice!
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Ken says:

16 years ago

Not that I can blame you. The original article was sensational garbage. Did yuga pull that entire last paragraph out of his ass? Must have hurt.
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Ken says:

16 years ago

You guys are acting like Revver is going to be no more. They were acquired by LiveUniverse and they’re still around.
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jamie says:

17 years ago

@karla

happyslip started on revver. she even has a second channel there: happysliptalk
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amfufu says:

17 years ago

Revver was reportedly bought by LiveUniverse according to newteevee.com
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TJ says:

17 years ago

@Goe D: thanks for the tip… i’ll check it out later
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Jeff says:

17 years ago

Revver is acquired amid spike in interest: http://tinyurl.com/2rq76n
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Coy says:

17 years ago

Awww…That’s too bad. I host my vlogs on Revver not because of the “revenue-sharing” scheme but because of the awesome quality of the videos! :(

Youtube’s video quality sucks. I wonder where I can find a video sharing site where quality is as good as revver’s.
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karla says:

17 years ago

@jamie,
happyslip has a youtube account :)
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Jeffrey says:

17 years ago

I cant remember if i have visited River. Wait it’s Revver…
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Video LOLzer says:

17 years ago

Wow that’s just too bad. I like Revver. I think what a lot of people don’t know is that you don’t just have to be a video content producer to earn money from Revver. They actually share revenue with people who share the videos as well. Just sign up for an account then share some videos by emailing them or posting them to your blog. The link comes with an affiliate ID and if someone clicks on the ad, you get a cut from the revenue as well. I think if more people knew that, they’d be more interested in joining and promoting Revver.
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Goe D says:

17 years ago

@TJ then share your youtube videos to ebenta @ http://www.ebenta.com :)
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TJ says:

17 years ago

Ooooohhh… and I was thinking of posting my pilot videos in revver… guess I’ll stick to youtube for a while…
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blozoom! says:

17 years ago

they are failing… more of not what revver cant do but more of what you youtube already does. youtube already solved users video needs. just like friendster in the phils, now hard for any other player in the social sites class to bump friendster.
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jamie says:

17 years ago

uh oh… happyslip and her friend nalts host their videos on revver, right??

revver has bugs on their player. there are times na yung ad ayaw matanggal so the video page needs to be refresh para umayos… probably another reason bakit hindi sikat ang revver for video hosting.
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