LiveUniverse Archive

Techcrunch is reporting that the exciting online tv guide Meevee has been acquired by LiveUniverse. No amount has been provided by editor Michael Arrington but his guess is "less than $25 million." My guess is that an online video TV guide was a bit ahead of its time when they began operations in 2000. Today with almost every video clip offering an embeddable option, a tv guide might have more of a chance to make it big.

LiveUniverse has been on an acquisition spree as of late acquiring start page provider PageFlakes last month and video hosting service Revver a month earlier.

Tilzy is a NY-based online video guide that provides video show reviews along with a what to watch guide. They list hundreds of shows in their database. Check out our interview with the Tilzy founders.

Can you feel the love here on Valentine’s Day? Revver sure can after being sold to LiveUniverse for some amount of money than the initially reported $500,000-1.5m. NewTeeVee has the details on the deal including this quote, "The company, growing up alongside YouTube, was brought down from the limelight with a combination of bad luck, management problems, and product weaknesses. And oh yeah, the fact that it’s hard to make money on web video."

Back in November when Revver launched version 2.0 of their application, we wondered if anyone was actually still using it. While I am not a video superstar, my guess is that it makes more sense to start out on the largest networks making no money and then as you grow, you can move to a network that can generate revenue.

Revver raised nearly $13 million and assuming they have generated some amount of income, the sale would be at a loss.