Shakeout in the much-hyped video-sharing sector predicted

[mandy]

For months, analysts have predicted a shakeout in the much-hyped video-sharing sector, a business made famous by YouTube.

It increasingly looks like they were right.

Revver, a Los Angeles video-sharing company noted for being among the first to share advertising revenue with videographers, announced last month that two of the company's three co-founders and an undisclosed number of "support staff" were no longer with the company. Among those who left were Rob Maigret, Revver's chief technology officer, and David Tenzer, the head of media partnerships.

Industry insiders say Revver and other smaller video-sharing sites are in turmoil because of the sheer domination of their nascent market by YouTube...

full article: http://news.com.com/YouTube+rivals+look+...ag=cd.lede