DivX Pulls Plug on Stage6 84
Xelios writes "DivX announced today that it will be shutting down Stage6, its high-quality video sharing site. 'So why are we shutting the service down? Well, the short answer is that the continued operation of Stage6 is a very expensive enterprise that requires an enormous amount of attention and resources that we are not in a position to continue to provide. There are a lot of other details involved, but at the end of the day its really as simple as that.' The news comes after the former CEO of DivX stepped down last year to head Stage6, which was to become a separate company, and the still ongoing legal battle with UMG."
I think I speak for everyone... (Score:5, Insightful)
Re:I think I speak for everyone... (Score:2, Insightful)
Scumbags.
Translation: (Score:4, Insightful)
The bandwidth costs are killing them and they're not making enough money from their content partners & advertising.
The real bread & butter of Divx is licensing the codec.
Re:Translation: (Score:3, Insightful)
Illegal Movie Hosting (Score:2, Insightful)
MOD PARENT AWESOME (Score:5, Insightful)
Scumbags.
Is everybody paying attention? That's how you troll, kids.
Re:DivX lost the advantage when h264 came along (Score:2, Insightful)
Re:DivX lost the advantage when h264 came along (Score:3, Insightful)
Can you please cite even one site that offers comparable quality and usability ? When I doubleclick the video, I want instant fullscreen with crisp video. I also want the option to download stuff for later use.
None of the video sites come to mind.
H.264 not a good video site makes. You need a little more than just a codec.