Local online video ad revenue will reach $1.5 billion in four years. Video ads will account for 11.6 percent of the online advertising budgets of small and medium-sized business by 2012.
Denver, CO (PRWEB) September 27, 2008
VideoPros announced today the beta launch of its online video service and Web site, VideoPros.com . VideoPros is a venue to find and contact video professionals. Featuring a sophisticated professional videographer search, VideoPros services individuals, small businesses, corporations and industries needing professional video production and online distribution. The website offers video professionals a robust video hosting, streaming and content management system.
Beginning today, video professionals and consumers from around the world can go to VideoPros.com and begin using the Web site. Video professionals can create professional profiles, display demo reels, get indexed in search results, host and stream professional content, and create custom video players. Consumers can search, request bids and contact local, national and international video professionals.
"We're excited to launch VideoPros.com to serve a professional, business-driven audience," said Sean Murphy, Principal of VideoPros. "User generated content, social networking and Web 2.0 have delivered minimal ROI for businesses and video professionals. Launching VideoPros.com is a first step in delivering a solution to the professional segment of the online video community."
The company announced VideoPros products and services are positioned to take advantage of several trends reported by research firms.
"Local online video ad revenue will reach $1.5 billion in four years. Video ads will account for 11.6 percent of the online advertising budgets of small and medium-sized business by 2012." (The Kelsey Group, June, 2008)
"The online video market is expected to explode to record $4.5 billion in sales by 2012." (In-Stat, July, 2008)
"As media companies change their business model, putting more and more professionally created video content online, the audience, and related ad dollars will increase dramatically." (eMarketer, August, 2008)
"VideoPros brings together professional content producers and provides a tool-set to help them grow their business," said Layne Solheim, Online Media Specialist for VideoPros. "Video professionals are demanding better resources, technology and ways to service their clients. Businesses of all sizes are demanding professional content and online distribution. VideoPros is where they come together. It's the perfect storm of professional collaboration."
VideoPros announced it has closed an initial round of funding from angel investors. The official terms of the funding are undisclosed.
The company announced it will undergo an official "Beta" period to resolve any technical complications associated with the launch. Users are encouraged to report any malfunctions or errors. VideoPros announced rapid development continues for the Web site. For more information, a development time-line can be viewed on the company's official VideoPros Beta Storyboard.
VideoPros is a privately-held company headquartered in Denver, CO, USA. The company is an online service for video professionals, individuals and corporations. The Web site is a venue for video professionals, consumers and businesses of all industries. VideoVine™, ProCertified™ and ProAPI™ are official products and services of the company. The website features a professional videographer search and video content management system. For more information, visit VideoPros.