Who's afraid of online video? Not Michael Eisner
NEW YORK--As head of Web video studio Vuguru, longtime entertainment exec Michael Eisner has been on a sort of tent-revival tour for the past few years, preaching the gospel of Internet video. On Thursday, his audience was the ad industry, and he was there to tell them not to be fazed by disappointing revenues on Web video.
"I'm seeding what I think will be a future business," Eisner explained. He's been vocal in admitting that online video isn't a profitable business yet. But it will be, he emphasized, and he wanted to position himself to … Read more