Lack of Hits Blunts Web Video's Strike Upside

By Staff Published on .

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Revenue from Web video is more like a Starbucks tip jar than the big bags of dough generated by a Hollywood blockbuster, posits Kara in’s Boomtown blog. The lack of clarity on when online video may generate significant revenues makes it unclear whether the writers strike will boost online video upstarts that are competing with traditional studios and networks, she says. Sensations like Lonelygirl15, and distribution systems like Joost and Hulu, aren’t profit machines yet, and it’s difficult to say when they might be.

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