09/07/11 05:54:42 8TL6SdZw0
Struggling Veoh looks for buyer ? Rumour
Time Warner-backed video site Veoh is reportedly seeking a buyer at prices lower than USD70m.
The rumours are the latest sign of the pressures affecting the ad-supported online video sector.
Rival Joost recently cut four-fifths of its staff and abandoned its streaming operations
in favour of technology licensing.