Plentitube.com – 'Too SMART and Too Small to Fail'
- Posted by Howard
- on November 26th, 2008
Congrats to friends Jon Labes and Talia Pulver for continuing to innovate and break ground in the web video business with PLENTITUBE.COM . I am very biased as a tiny angel and close friend to Jon who filmed most of my ‘Naked Putz’ shows at Wallstrip and was our first hire with Roman.
Their company as Busineek Week puts it best in their headline :
Plentitube: Your Agent for Online Video – Plentitube aspires to be the middleman for the YouTube generation, helping online content creators find a way to pull in revenue
This is the meat of what Plentitube is offering:
Online Talent Scout
That’s where Plentitube comes in. An online talent scout, Plentitube is trying to become a middleman of the new media, a matchmaker for the YouTube generation. In the 1950s, a leggy blonde would get discovered while waiting tables at Chasen’s restaurant in Los Angeles. But in the Digital Age, Plentitube founders Jon Labes and Talia Pulver believe the future of talent discovery will happen increasingly in online venues like the one they are building. “We are creating new types of matchmaking services,” says Labes, 25, who is also Plentitube’s CEO.
Before they signed on with Plentitube, the McFadden brothers managed to license a few shorts with Viacom’s (VIA) Comedy Central and with Web players such as Atom.com. They’ve pulled in some revenue from advertisements shown on their videos on Google’s (GOOG) YouTube. And they have been trying to break into the big leagues by working on an informal basis with UTA Online, the division of Hollywood agency United Talent that represents Web talent.
But soon after joining Plentitube, the brothers scored the biggest deal of their careers, striking a deal in August with Time Warner’s (TWX) Cinemax in the low six figures to license eight new episodes of their animated series Eli’s Dirty Jokes. A modern riff on Borscht Belt comedy, the show is a series of one-minute ribald stories told by an elderly narrator modeled on the family’s 79-year-old accountant, who does the voiceovers. “We’ve never had a series that’s been developed to air exclusively on TV,” says James McFadden, 29, the company’s head of creative development. “I am not sure Cinemax would have been able to find the series without Plentitube. This takes us to another level.”
A Subscription ModelIn classic startup form, one-year-old Plentitube is being bootstrapped from an office in lower Manhattan with $75,000 raised from friends and family. But thanks to the Cinemax deal and a growing talent network, the eight-person company is off to a promising start. In addition to the McFadden brothers, Plentitube is offering several thousand videos from nearly 500 video producers and artists. “We are pioneering the talent-discovery industry,” says Pulver, 27, the company’s president and chief creative officer.
In my opinion, CAA is too big to make it in the web video space and Jon and Talia have an edge. In fact, it is fun seeing CAA piss money away with their web projects as they are an evil group of people that hopefully will be tsunamied as web video continues to evolve.
Well done guys.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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