Company description
Sites are hungry for video content. Magnify provides a turnkey solution: Video Discovery (search), Upload, and sharing, all to increase site revenue.
MAGNIFY is a video tech platform that is a tech-enabled ad network. Platform allows customers to add a configurable suite of User Generated Video (UGV) related applications to their site. Magnify.net leverages integrated standard IAB ad units into its platform in order to sell to online ad market demand in place today. We also offer "pro" and "enterprise" offerings on a fee for service basis. Over 30,000 publishers have adopted in last 12 months.
Business model
Magnify's CEO and founder Steven Rosenbaum, creator of the
ground-breaking program UNfiltered on MTV, is an acknowledge pioneer in
the user-generated content space. CTO Simon Cavalletto has 15 years
experience building enterprise class, scalable web solutions. CFO Chuck
Johnson was a co-founder of Internet video pioneer FeedRoom, where he
also led Business Development. Customer base is active and vocal, and
helps lead product innovation.
Online video as a business means
solving for four issues: content, technology, distribution (viewers),
sales. Magnify solves for the first two at no up front cost to
customer. Customer has viewers. Combo=sales
Magnify provides a
platform for enabling custom video sites that also allow publishers to
solicit, review, serve, and syndicate video (user and prosumer alike)
and integrate those pages into their website. This turnkey system
provides all the connective tissue for publishers to easily integrate
video - upload, transcoding, storage, streaming, and advertising - into
their existing communities. Free, Pro, and Enterprise versions are
available.
Online advertising continues to expand, with
much of that growth focused in video and other forms of rich media
advertising. Advertising spending is shifting - with $11.6 Billion
dollars projected to move from TV and cable to internet advertising by
2010 on top of close to $10B sales today. Both posting and viewing of
video is growing rapidly. At destination site/content sourcing partner
YouTube over 35 million videos/day are viewed.
Magnify
serves the fast growing middle market (i.e. not big 10 major media),
and has over 30,000 sites including Bicycling.com. Weather.com and many
other "next tier" sites that will buy rather than build.