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From DJ News today: Rounding out the top 10 most popular video sites were Time Warner Inc. (TWX), which came in at No. 4, with 258 million streams. ROO Group Inc. (RGRP), which is a video syndication company with such shows as "Alpha Mom TV," generated 186 million video streams.
And from Briefing.com today: BWS Financial believes the craze surrounding the potential acquisition of YouTube by GOOG could lead to buy interest in RGRP. BWS said that while RGRP is still in its "infancy," if it were to be acquired at the same valuation that GOOG is paying per unique visitor for YouTube, it would equate to $87.7M or $3.50 per share.
ROO Group, Inc., through its subsidiaries, operates as a digital media company in the United States. It provides products and solutions that enable the broadcast of topical video content from its customers' Internet Web sites. The company provides technology and content required for video to be played on computers through the Internet, as well as broadcasting platforms, such as set top boxes and wireless devices. ROO Group’s activities include the aggregation of video content, media management, traditional and online advertising, hosting, and content delivery. In addition, it operates a global network of individual destination portals under the brand ROO TV, which enables end users to view video content over the Internet. The company, in conjunction with its subsidiaries, services Web sites based in Europe, Australia, the United States, and South Africa. Further, it provides integrated communication solutions, including direct marketing, Internet advertising, and sales promotion. The company sells its products through direct sales force and resellers to media and newspaper chains, Internet service providers, and vertical Web sites. ROO Group was incorporated in 1998 and is based in New York City.
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