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Media reports indicate that Eisner's venture capital group Tornante Company together
with Spark Capital and Time Warner will be investing a total of $12.5 billion
in the company. How much Eisner is exactly pumping into the venture is another
unknown. The
San Diego based Veoh Networks is building a system for delivering broadcast-quality
entertainment and informational content via the Internet, using distribution technology,
the firm says will allow for unlimited capacity. Veoh envisions marketing its
platform to everyone from independent video producers and hobbyists to large studios. In
a statement Eisner said, "Cable and satellite fundamentally changed the way
television was distributed by creating the capacity for greater choice in programming.
Veoh revolutionises television again by leveraging the Internet to expand broadcast
capacity to the point that every single user, whether an individual or a media
company, can create their own `channel` and every `channel` can be supported by
its own business model. "In
the past, distributing television programming required an enormous broadcast infrastructure.
Veoh enables anyone with an Internet connection to distribute and receive programming
in the highest quality." | 
