Business for Sale - Unique Internet Video Company - Buy a Business

Listing Number:11257 Click here for Virtual Tour

County, State: New York County , NY Business Type: Electronics & Technology, Advertising/ Printing, Motion Pictures, Other Business Services, Professional Services, Business Services (Biz-to-biz), Consumer Services, General Internet, ISP/ASP Services, Software, Web Design/ Tech Services, Misc. Internet/Technology/Non-classifiable

(REGISTERED BUYERS ONLY)

Non-Confidential Financial Information

Business Description

Unique Tech Company offered for the first time, "Think u-tube". This Digital Video Interactive Platform Company (VIP) is a solution that allows sites to manage their videos, and display them for their users to see through an interactive video player. Cost of development exceeded $300K. Previous years had over a million in revenue and can be relocated anywhere. The business comes with a 1 year training and support. Sites who have VIP can use an easy-to-use but robust admin to upload their videos, which can be in any of the most common formats (Quicktime, AVI, MPEG, WMV), which will then be displayed in the video player on their site. They can create playlists, organize, and manage their videos, and users of the site can virally share them with their friends, and download them (if the sites wishes) to their computers and/or mobile devices. VIP contains 4 parts: 1. A CMS (content management system) for video inventory 2. An encoding engine, which also encodes into mobile (they have a proprietary mobile database which includes all the top cell phones and PDAs - iPhone, iPone, Sony PSP) 3. Storage space and CDN traffic - packages available based on usage 4. An interactive video player VIP also has a commerce engine built in, so sites could sell videos to users if they want (for example, educational material/videos for sale). The business model is to license this technology, and the company currently has $95k of annual recurring revenue from its current licensees. This business can easily gross over a million with the right sales force selling to ad firms, ISP providers, hosting companies, and networks.

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