Revver Available for Pocket Change?
CNET’s News.com reports that ailing video-sharing site Revver is looking to sell itself. Sources close to Revver reportedly told News.com that the current asking price is in the $300,000-$500,000 range plus the assumption of Revver’s roughly $1 million in debt.
Revver hoped to gain prominence in the YouTube-dominated online video world by paying the folks who posted videos on the site a share of the ad revenues generated from their postings. Contributors could choose to have their videos available online, on mobile devices and on television.
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