...end
... of a video week here. Those interested in video will know that Jeremy Allaire, formerly CTO of Flash-maker Macromedia, now heads Brightcove, which provides technology that lets people deliver video over the net. Allaire believes that we are staring at an enormous opportunity here. The global video industry is worth about $350 billion when you add up films, rentals, cable, broadcasting and the rest, and web video market amounts to maybe .01% of that revenue total. But if just five percent of the global video business can be shifted to the net over the next decade, a lot of entrepreneurs are going to get very, very rich, he says. While we're thinking about that, here's a good one to end the week with. Try this when shopping today.
It's all the rage in France, apparently.
