Mobile video streaming service Qik has raised just under $5.5 million in funding, according to an SEC filing, which the company has confirmed. This round’s backers include Quest Venture Partners, CampVentures, and private investors. The Redwood City, Calif.-based startup raised an undisclosed amount of funding from Marc Andreessen and Ben…

Updated: The Michael Jackson memorial service has come and gone, and some of the preliminary stats on online viewing, streaming and social media activity have come in. First up is Facebook, which reports that roughly one million users tuned in through its Live Stream box across CNN, E! Online, *MTV*…

News of Michael Jackson’s death crippled sites like Twitter and even *Google* News when it broke—while others like *Yahoo* were able to handle the record traffic surges without much incident. But with millions of people ready to live stream, tweet and otherwise tune in to his memorial service online tomorrow,…

Much-hyped video portal Joost is remaking itself as a “cost-effective” white-label video provider—slashing staff, closing and shaking up its top ranks in the process, possibly as a step towards its sale as a technology company rather than an entertainment platform. Mike Volpi, rumored of late to be on the short…

Rumors about this had been circulating for a while now, since Yahoo (NSDQ: YHOO) never knew what to do with it from the start: it is killing the third-party publisher services from Maven Networks, the online video tech service that it bought early last year for about $160 million ($143…

Updated: The Padres deal has been announced officially: customers who subscribe to Cox’s broadband service in San Diego area can purchase a package of San Diego Padres game telecasts for live in-market online viewing. The cost is same as the Yankees deal for the rest of this season: $49.95 for…

Hulu has kept a tight lid on its ad sales data over the past year, but a new report from Screen Digest suggests that the premium online video site brought in nearly $45 million in ad revenue in 2008. The report looks at the state of the ad-supported online TV…

Online video infrastructure firm Nokeena Networks has picked up $6.5 million in a second round of funding—bringing its total raise to just over $15 million. Mayfield Fund led the round, with participation from previous investors; Nokeena will use the new funding for sales and marketing. The Santa Clara, Calif.-based startup’s…

Networks like A&E, Scripps, and possibly even *CBS* are ready to test whether the much-hyped TV Everywhere concept will serve as a lucrative business model for online video, but there is news that premium video sites like Hulu and TV.com are finally starting to deliver ad rates that are greater…

Sometime this July, 5,000 Comcast (NSDQ: CMCSA) customers across the U.S. will get the first taste of TV Everywhere—and the first broadband access to select programming from 10-15 programmers, including many who have resisted putting full episodes online until now. As expected Time Warner (NYSE: TWX), whose CEO Jeff Bewkes…

It didn’t take long for *CBS* to issue a statement after Time Warner (NYSE: TWX) and Comcast (NSDQ: CMCSA) announced the upcoming national trial of TV Everywhere, expressing interest in anything “to help extend our business in such a way that is open and non-exclusive; consumer friendly; and responsible to…

—Flip’s new video channels: After shaking up the video camera market with the Flip, Pure Digital is moving into video-sharing with the launch of Flip Channels. The new feature lets Flip owners publish, host and share their videos with a free, personalized channel at FlipShare.com; the company will also release…

There was a time when Electronic Arts (NSDQ: ERTS) was the game-company stock to own—with the most cutting-edge games and tons of cash on the books. But over the past few years, it has lost much of that luster. EA posted a $120 million loss for the most recent quarter—its…

Martha Stewart Living Omnimedia (NYSE: MSO) has opened up Martha University, a section of the media company’s website that will sell “how to” videos covering recipes, entertaining, home decor and weddings. The videos, which are powered by iAmplify, a New York-based audio and video content distribution firm, will be sold…

Adding more fuel to the notion that there’s no one “sweet spot” for ad formats on YouTube, comes news that the video site is testing a “choose your own” ad feature. Viewers will be able to pick between watching a single pre-roll ad (usually 30 seconds or longer) or up…

The long-delayed digital translation finally is here—but the Obama Federal Communications Commission isn’t. Team Obama pushed to have the analog-to-digital switch moved to June 12—as in this Friday—to avoid as many last-minute glitches as possible, but it hasn’t been able to get its FCC nominees confirmed, starting with Julius Genachowski…

The weak ad market is forcing breakout online video studio EQAL out of the original content business, and into the arms of old-school media giants like *CBS*. EQAL is halting development and funding of its own standalone series, in favor of running the online video properties for existing brands like…

If the Univision vs Televisa fight is at least half as interesting as the telenovelas they are known for, we are in for a treat: the two Hispanic media entities are fighting on whose holds the U.S. rights to retransmit the Televisa-produced shows online. The current version of this lawsuit,…

Just as *IAC* shuts down Black-centric search engine RushmoreDrive.com, comes news that NBCU is debuting TheGrio.com, its own news and online video property targeting African-Americans. The site features original video content, as well as news and clips aggregated from sources like msnbc.com. TheGrio.com will compete with Slate’s TheRoot.com, and the…