maniaTV Founder Exploring Veoh Acquisition
maniaTV founder Drew Massey, who helped bring the online video company back from the dead last year, is looking to do the same with Veoh, the San Diego, Calif.–based Web firm that filed for bankruptcy a few weeks ago.
Massey has retained the services of Messier Partners to explore acquiring the assets of Veoh, a Web video pioneer, which has cycled through various business models over the past several years. The site, which was originally backed by former Disney CEO Michael Eisner, went through phases as a video distribution hub, an IPTV platform and a Web video DVR before shutting down in mid-February.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in