Divx's pet video hosting project Stage6 will be discontinuing operations Thursday, Feburary 28. The service let users put up their Divx-encoded videos and make them available in high quality for other users to watch and comment on. Already uploads have been discontinued, and the site will simply cease to exist on Thursday--taking all the user videos with it.
Tom Huntington, the Divx employee who posted the closure announcement on the company blog, wrote the service was simply costing the company too much money:
As Stage6 grew quickly and dramatically (accompanied by an explosion of other sites delivering high quality … Read more