Unstoppable Domains

.tv Stage6.com shutting down.

Spaceship Spaceship
Watch

Ctack

Established Member
Impact
3
stage6.com is one of the largest youtube style sites (alexa rank 133). It offers high def videos.

The expense of running a youtube style site is something that needs to be very well thought out.




Link
Stage6 to Shut Down on February 28
I'm Tom (aka Spinner), a Stage6 user and an employee of DivX, Inc., the company behind the service. I'm writing this message today to inform you that we plan to shut down Stage6 on February 28, 2008. Upload functionality has already been turned off, and you'll be able to view and download videos until Thursday.

I know this news will come as a shock and disappointment to many Stage6 users, and I'd like to take a few moments to explain the reasons behind our decision.

We created Stage6 with the mission of empowering content creators and viewers to discover a new kind of video experience. Stage6 began as an experiment, and we always knew there was a chance that it might not succeed.

In many ways, though, the service did succeed, beyond even our own initial expectations. Stage6 became very popular very quickly. We helped gain exposure for some talented filmmakers who brought great videos to the attention of an engaged community. We helped prove that it's possible to distribute true high definition video on the Internet. And we helped broaden the Internet video experience by offering content that is compatible with DVD players, mobile devices and other products beyond the PC.

So why are we shutting the service down? Well, the short answer is that the continued operation of Stage6 is a very expensive enterprise that requires an enormous amount of attention and resources that we are not in a position to continue to provide. There are a lot of other details involved, but at the end of the day it's really as simple as that.

Now, why didn't we think of that before we decided to create Stage6 in the first place, you may ask? That's a good question. When we first created Stage6, there was a clear need for a service that would offer a true high-quality video experience online because other video destinations on the Internet simply weren't providing that to users. A gap existed, and Stage6 arrived to fill it.

As Stage6 grew quickly and dramatically (accompanied by an explosion of other sites delivering high-quality video), it became clear that operating the service as a part of the larger DivX business no longer made sense. We couldn't continue to run Stage6 and focus on our broader strategy to make it possible for anyone to enjoy high-quality video on any device. So, in July of last year we announced that we were kicking off an effort to explore
strategic alternatives for Stage6, which is a fancy way of saying we decided we would either have to sell it, spin it out into a private company or shut it down.

I won't (and can't, really) go into too much detail on those first two options other than to say that we tried really hard to find a way to keep Stage6 alive, either as its own private entity or by selling it to another company. Ultimately neither of those two scenarios was possible, and we made the hard decision to turn the lights off and cease operation of the service.

So that's where we are today. After February 28, Stage6 will cease to exist as an online destination. But the larger DivX universe will continue to thrive. Every day new DivX Certified devices arrive on the market making it easy to move video beyond the PC. Products powered by DivX Connected, our new initiative that lets users stream video, photos, music and Internet services from the PC to the TV, are hitting retail outlets. We remain committed to empowering content creators to deliver high-quality video to a
wide audience, and we'll continue to offer services that will make it easy to find videos online in the DivX format.

It's been a wild ride, and none of it would have been possible without the support of our users. Thank you for making Stage6 everything that it was.
 
1
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
GoDaddyGoDaddy
It's sad to see such a great site shutting down.
I enjoyed watching many vids from stage6.
I guess they were expecting someone like google to buy them out.
I don't think youtube would've lasted if google didn't buy them out.
 
0
•••
never heard of um
 
0
•••
this was something i noticed mentioned in many 2008 predictions for video- how to make it work better/cheaper, and how to get the revenue out of it-

whoever can figure that out- $$$$$$$$$$$$$$
 
0
•••
Why I have never heard of stage6 =.=
 
0
•••
Ctack said:
The expense of running a youtube style site is something that needs to be very well thought out.
....
That comment is very true, but in this situation I believe stage6.com is not in the same league as it has only about 26,500 videos uploaded. For sure their bandwidth costs would be large but not in the stratosphere of YouTube before Google took over.

In June 2006, YouTube was averaging 65,000 video uploads a day and had bandwidth costs of approximately $1 million per month; staff of just over 30; and had been totally funded by Sequoia Capital for $11.5m by that stage. All this was before Google took over.

It was also thought that YouTube were about cashflow neutral with advertising revenue matching bandwidth costs, again before the Google acquisition.

I just cant see stage6.com with an alexa rank 133 and only 26,000 videos uploaded in a bandwidth cashflow squeeze.

Thanks for the post Ctack - Rep your way.
 
0
•••
heroes, good insight, and thanks for the rep
 
0
•••
hullswingerscom said:
never heard of um

You have now :hehe:

I never heard of them before today either.
 
0
•••
We will see much more of this. Cost and return on the dollar is a major concern with this model.
 
0
•••
Wow I will miss stage6. It was a very good alternative to youtube.
 
0
•••
Appraise.net
Unstoppable Domains
Domain Recover
NameMaxi - Your Domain Has Buyers
  • The sidebar remains visible by scrolling at a speed relative to the pageโ€™s height.
Back