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{{Use mdy dates|date=April 2018}}
{{Infobox dot-com company
{{Infobox company
| name = Vessel Group, Inc
| name = Vessel Group, Inc
| logo =
| logo =
| company_type =
| type =
| foundation = January 21, 2015
| industry = [[Online video]]
⚫
| founder =
| fate = Acquired by [[Verizon]]
| location_city = 660 4th Street, [[San Francisco]], <br /> [[California]]
| predecessor = <!-- or: | predecessors = -->
| location_country = [[United States]]
| coordinates =
| successor = <!-- or: | successors = -->
⚫
| founded = {{Start date|2015|01|21}}
| area_served = Worldwide
⚫
| founder = <!-- or: | founders = -->
| parent = [[go90]] ([[Verizon Communications|Verizon]])
| defunct = {{End date|2016|10|31}}
⚫
| key_people = [[Jason Kilar]]<br>Richard Tom
| hq_location_city =
| company_slogan = Reimagining Tomorrow’s TV Today<ref name="tubefilter">{{cite web|last=Gutelle |first=Sam |url=http://www.tubefilter.com/2015/01/21/jason-kilar-vessel-launch-beta/ |title=Here's Everything You Need To Know About Vessel, Jason Kilar's New Online Video Platform |publisher=Tubefilter.com |date=2016-06-22 |accessdate=2016-08-16}}</ref>
| hq_location_country =
| industry = [[Internet]] <br /> [[Video hosting service]]
| ipv6 =
| area_served = <!-- or: | areas_served = -->
⚫
| key_people = [[Jason Kilar]]<br>Richard Tom
| advertising =
| products =
⚫
| launch_date = {{Start date and age|2015|01|21}}
| screenshot =
| owner = <!-- or: | owners = -->
| num_employees =
| caption =
| num_employees_year = <!-- Year of num_employees data (if known) -->
| url = {{URL|vessel.com}}
| parent =
| content_license =
| website = <!-- {{URL|example.com}} -->
| type = [[Video hosting service]]
}}
| alexa =
| language =
| programming_language =
| registration =
| current_status = Closed (Acquired by [[Verizon]]) }}
⚫
'''Vessel''' was a commercial [[Video hosting service|video service]] launched in 2015 by the early team behind [[Hulu]], including former CEO [[Jason Kilar]] and Richard Tom.<ref>{{cite news|last1=Stone|first1=Brad|title=Vessel: A YouTube Rival That Wants to Be the Streaming HBO|url=https://www.bloomberg.com/news/articles/2015-01-21/vessel-launches-youtube-rival|accessdate=31 March 2015|work=[[Bloomberg Business]]|publisher=[[Bloomberg L.P.]]}}</ref><ref name=":0">{{cite news|last1=Spangler|first1=Todd|title=Vessel Signs More YouTube Stars to Subscription Service, Launches Limited Beta Test|url=http://variety.com/2015/digital/news/vessel-signs-more-youtube-stars-to-subscription-service-launches-limited-beta-test-1201410625/|accessdate=31 March 2015|work=[[Variety (magazine)|Variety]]|publisher=Variety Media, LLC|date=January 21, 2015}}</ref>


⚫
'''Vessel''' was a commercial [[Video hosting service|video service]] launched in early 2015 by former [[Hulu]] executives [[Jason Kilar]] and Richard Tom.<ref>{{cite news|last1=Stone|first1=Brad|title=Vessel: A YouTube Rival That Wants to Be the Streaming HBO|url=https://www.bloomberg.com/news/articles/2015-01-21/vessel-launches-youtube-rival|access-date=March 31, 2015|work=[[Bloomberg Business]]|publisher=[[Bloomberg L.P.]]}}</ref><ref name=":0">{{cite news|last1=Spangler|first1=Todd|title=Vessel Signs More YouTube Stars to Subscription Service, Launches Limited Beta Test|url=https://variety.com/2015/digital/news/vessel-signs-more-youtube-stars-to-subscription-service-launches-limited-beta-test-1201410625/|access-date=March 31, 2015|work=[[Variety (magazine)|Variety]]|publisher=PMC|date=January 21, 2015}}</ref> Vessel was acquired by [[Verizon]] on October 26, 2016 and was closed on October 31, 2016.
==Company history==
⚫
The service resembled that of [[YouTube]], whereby a viewer can watch videos for free. However, viewers could add "Early Access" at a $3 monthly fee or $20 annual fee to their account, which allowed them to view videos a minimum of 72 hours before the video is released to the general public.<ref name=":0" /> Vessel then created mobile applications for [[iOS]] and [[Android (operating system)|Android]] devices which optimized the videos for mobile viewing.


==History==
The idea behind the site was that creators would be able to gain more revenue from their videos than on YouTube due to the subscription fee as well as advertisements.<ref>{{cite web |title=Here's Everything You Need To Know About Vessel, Jason Kilar's New Online Video Platform |url=http://www.tubefilter.com/2015/01/21/jason-kilar-vessel-launch-beta/ |website=Tubefilter |accessdate=2015-10-19}}</ref>
⚫
The service resembled [[YouTube]], whereby a viewer could watch videos for free. However, viewers could add "Early Access" at a $3 monthly or $20 annual fee to their account, which allowed them to view videos a minimum of 72 hours before the video is released to the general public.<ref name=":0" /> Vessel then created mobile applications for [[iOS]] and [[Android (operating system)|Android]] devices which optimized the videos for mobile viewing. The idea behind the site was that creators would be able to gain more revenue from their videos than on YouTube due to the subscription fee as well as advertisements.<ref>{{cite web |title=Here's Everything You Need To Know About Vessel, Jason Kilar's New Online Video Platform |url=http://www.tubefilter.com/2015/01/21/jason-kilar-vessel-launch-beta/ |website=Tubefilter |date=January 21, 2015 |access-date=October 19, 2015}}</ref>


Since the site was created, YouTube stars such as [[Craig Benzine]], [[Linus Sebastian]], [[Connor Franta]], [[Nostalgia Critic|Doug Walker]], [[Caspar Lee]], [[Tanya Burr]], ''[[Rhett and Link|Good Mythical Morning]]'', ''[[Epic Meal Time]]'', Super Best Friends Play, [[Marcus Butler]], Kent Heckel, [[LaToya Forever]], Delaila Johnson, Tre Melvin and [[Jack Vale (comedian)|Jack Vale]] signed up to have their content streamed on Vessel.<ref name=":0" />
After the site was created, YouTube personalities such as [[LinusTechTips]], [[Craig Benzine]], [[Connor Franta]], [[Shane Dawson]], [[Nostalgia Critic|Doug Walker]], [[Caspar Lee]], [[Tanya Burr]], ''[[Good Mythical Morning]]'', ''[[Epic Meal Time]]'', Super Best Friends Play, [[Marcus Butler]], Kent Heckel, [[LaToya Forever]], Delaila Johnson, Tre Melvin and [[Jack Vale (comedian)|Jack Vale]] signed up to have their content streamed on Vessel.<ref name=":0" />


On October 26, 2016, [[Verizon Communications]] announced that it had acquired Vessel, and that it would be shut down on October 31. Vessel's team [[Acqui-hiring|was hired]] to revamp Verizon's fledgling video streaming service [[go90]] (resulting in 155 members of the service's existing staff being laid off), with Richard Tom retained and appointed as chief technology officer of Verizon Digital Entertainment. Kilar departed after the sale.<ref>{{Cite web|url=https://variety.com/2016/digital/news/verizon-acquires-vessel-shut-down-1201901681/|title=Verizon Acquires Vessel, Will Shut Down Jason Kilar's Video Service|last=Spangler|first=Todd|date=2016-10-26|website=Variety|language=en|access-date=2019-04-21}}</ref><ref>{{Cite news|url=https://techcrunch.com/2016/10/26/verizon-acquires-vessel/|title=Verizon acquires subscription video service Vessel, will shut it down on Oct. 31|work=TechCrunch|access-date=2018-07-09|language=en-US}}</ref><ref name="variety-go90layoff">{{cite web|title=Verizon Lays Off 155 Employees at Go90 Division (EXCLUSIVE)|url=https://variety.com/2017/digital/news/verizon-go90-layoffs-1201967433/|website=Variety|date=January 24, 2017 |access-date=1 June 2017}}</ref><ref>{{Cite web|url=https://deadline.com/2017/01/verizon-go90-layoffs-streaming-service-1201892967/|title=Verizon Axes 155 Go90 Staffers; Streaming Service Targets Millennials|last=Evans|first=Greg|date=2017-01-24|website=Deadline|access-date=2017-02-05|language=en-US}}</ref>
Vessel was acquired by [[Verizon]] on 26 October 2016 and was closed on 31 October 2016.<ref>{{cite web |title=Vessel Join Verizon! |url=http://vessel.com |website=Vessel |accessdate=2017-01-20}}</ref> As of 2017, it is known to have been dubbed '''Verizon Digital Entertainment Engineering & Operations''' with the team including co-founder and CTO Richard Tom now overseeing Go90<ref>http://www.tubefilter.com/2017/03/31/go90-3-point-0-vessel-verticals-ads/</ref><ref name="variety-canterout">{{cite web|title=Verizon’s Go90 General Manager Chip Canter Out as Vessel Team Takes Over|url=http://variety.com/2017/digital/exec-shuffle-people-news/go90-chip-canter-verizon-vessel-1202399370/|website=Variety|accessdate=1 June 2017}}</ref>


==See also==
==See also==
Line 41: Line 36:
* [[List of Internet phenomena]]
* [[List of Internet phenomena]]
* [[List of video hosting services]]
* [[List of video hosting services]]
* [[YouTube Red]]
* [[YouTube Premium]]


==References==
==References==
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*{{official website}}
*{{official website}}


[[Category:American websites]]
[[Category:Entertainment websites]]
⚫
[[Category:Video hosting]]
[[Category:Internet companies of the United States]]
[[Category:Internet properties established in 2015]]
[[Category:Internet properties established in 2015]]
[[Category:Internet properties disestablished in 2016]]
[[Category:Internet properties disestablished in 2016]]
[[Category:Video on demand services]]
[[Category:Defunct video on demand services]]
[[Category:Subscription video on demand services]]
[[Category:Defunct subscription services]]
[[Category:IOS software]]
[[Category:IOS software]]
[[Category:2016 mergers and acquisitions]]
[[Category:Verizon Communications acquisitions]]
⚫
[[Category:Former video hosting services]]




Latest revision as of 18:08, 26 April 2024

Vessel Group, Inc
IndustryOnline video
FoundedJanuary 21, 2015 (2015-01-21)
DefunctOctober 31, 2016 (2016-10-31)
FateAcquired by Verizon
Key people
Jason Kilar
Richard Tom

Vessel was a commercial video service launched in early 2015 by former Hulu executives Jason Kilar and Richard Tom.[1][2] Vessel was acquired by Verizon on October 26, 2016 and was closed on October 31, 2016.

History[edit]

The service resembled YouTube, whereby a viewer could watch videos for free. However, viewers could add "Early Access" at a $3 monthly or $20 annual fee to their account, which allowed them to view videos a minimum of 72 hours before the video is released to the general public.[2] Vessel then created mobile applications for iOS and Android devices which optimized the videos for mobile viewing. The idea behind the site was that creators would be able to gain more revenue from their videos than on YouTube due to the subscription fee as well as advertisements.[3]

After the site was created, YouTube personalities such as LinusTechTips, Craig Benzine, Connor Franta, Shane Dawson, Doug Walker, Caspar Lee, Tanya Burr, Good Mythical Morning, Epic Meal Time, Super Best Friends Play, Marcus Butler, Kent Heckel, LaToya Forever, Delaila Johnson, Tre Melvin and Jack Vale signed up to have their content streamed on Vessel.[2]

On October 26, 2016, Verizon Communications announced that it had acquired Vessel, and that it would be shut down on October 31. Vessel's team was hired to revamp Verizon's fledgling video streaming service go90 (resulting in 155 members of the service's existing staff being laid off), with Richard Tom retained and appointed as chief technology officer of Verizon Digital Entertainment. Kilar departed after the sale.[4][5][6][7]

See also[edit]

References[edit]

  1. ^ Stone, Brad. "Vessel: A YouTube Rival That Wants to Be the Streaming HBO". Bloomberg Business. Bloomberg L.P. Retrieved March 31, 2015.
  2. ^ a b c Spangler, Todd (January 21, 2015). "Vessel Signs More YouTube Stars to Subscription Service, Launches Limited Beta Test". Variety. PMC. Retrieved March 31, 2015.
  3. ^ "Here's Everything You Need To Know About Vessel, Jason Kilar's New Online Video Platform". Tubefilter. January 21, 2015. Retrieved October 19, 2015.
  4. ^ Spangler, Todd (October 26, 2016). "Verizon Acquires Vessel, Will Shut Down Jason Kilar's Video Service". Variety. Retrieved April 21, 2019.
  5. ^ "Verizon acquires subscription video service Vessel, will shut it down on Oct. 31". TechCrunch. Retrieved July 9, 2018.
  6. ^ "Verizon Lays Off 155 Employees at Go90 Division (EXCLUSIVE)". Variety. January 24, 2017. Retrieved June 1, 2017.
  7. ^ Evans, Greg (January 24, 2017). "Verizon Axes 155 Go90 Staffers; Streaming Service Targets Millennials". Deadline. Retrieved February 5, 2017.

External links[edit]


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