Best Buy rolls out its alternative to YouTube
Best Buy Co. Inc. continues to push into the world of digital content.
The retailer, No. 11 in the Internet Retailer Top 500 Guide, is launching a subscription-based video sharing service. Base plans start at $6.97 for 100 minutes of video hosting and video lengths up to 30 minutes each. Subscribers also can choose premium plans for extended video lengths, additional video storage capacity and other sharing features.
“With the growing popularity of video, fueled in part by social networking sites, we’ve actually seen an increase in customer demand for alternative video sharing solutions,” says Best Buy vice president Kevin Winneroski. “Through Best Buy Video Sharing, customers can safely store their videos and share them only with the friends and family they choose.”
Best Buy will offer the new video program in conjunction with Mydeo, a London-based video sharing services company. Best Buy also has purchased an undisclosed financial stake in the company.
The new service lets customers upload their personal videos for sharing on web sites and blogs and allows the user to choose who can view their home videos. It enables the user to do so in an advertising-free environment, the retailer says.
The video sharing service is Best Buy’s third foray into digital services. In 2006 Best Buy launched a digital music store and a digital photo center in May.
Back...
