wow - looks like Revver is toast. Minute reports that one of the once-primary competitors to YouTube is now looking for a measly amount of money, plus a larger (but still measly) assumption of debt.
It's fascinating for a bunch of reasons - from recognizing the lack of competitiveness (or dominance of GooTube) to the obviously failing attempts at benefiting from (certainly) a more progressive approach to advertising/monetizing content/sharing in the spoils with the community via Revv-share efforts.
Then again, it could just be all about internal organizational factors.
Not sure what else to say except good luck, lads. You'll make a bargain investor very happy.
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