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$2 Million for 10 month old AirMedia, YouTube killer?

$2Million for 10 month old AirMedia, Youtube killer?

Video content is the future, and publishers are trying to figure out how to get more and more of their content in front of the right eyes. Well, guess what, a startup called AirMedia might just be that company to find new distribution for premium publishers. AirMedia’s plan is to promote this content in the same way companies like Outbrain and Taboola have been doing, except in video and not with all that weak content. Airmedia will offer video viewers with high quality recommendations at the bottoms of publishers’ sites. Video owners should be stoked at the prospect of a brand new platform dedicated to reaching and distributing their content to a whole new audience. It will even allow them to do all their own promotion and ad sales. Currently the content being served, such as the “links from around the web” that appear at the bottom of many publisher sites tend to point to lowbrow content focused on celebrities in bikinis and such. This may be a money maker, but is a “car crash” for publishers trying to maintain integrity in content. AirMedia is trying to rescue the day and the web for premium video publishers that are being…

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