At a time when online video studios are shutting down because content can’t find enough sponsors or ad dollars to be viable, Disney’s Michael Eisner is drawing new investors for his studio. Visionary indeed:
Michael Eisner, the former chairman of Disney, controls a Web video studio called Vuguru that will become its own company. Under a dozen series have been released by Vuguru to date, but he would like the company years from now to be producing 30 series a year. “The most important thing is volume, honestly,” he said.Mr. Eisner said he expected Vuguru to generate 10 to 12 series in 2010, gradually building up to the goal of 30 a year.
Eisner’s Web Video Studio, Vuguru, to Emerge With Backing – NYTimes.com
