Success Online.IN Success Secrets For Your Online Venture

The GP2 model now comes to streaming online videos with Brightspot.TV. The model requires users to view video advertising, often with the occasional question thrown in to make sure that the user is actually watching the ad, and then compensates the user by funding things like a one month subscription to Napster or discounts off subscriptions to XM Canada, MLB TV and Gamefly. The model credibility comes from the fact that it is funded by sports moguls Jerry Colangelo (Phoenix Suns, Arizona Diamondbacks and Team USA Basketball) and Jerry Reinsdorf (CEO of Chicago Bulls and Chicago White Sox). Other advisors include Paul Schrage (Original CMO of McDonald’s) and Eric Heneghan (Founder of Giant Step and current CEO of Elevation Inc).

The amount of funding is anywhere from $2.5 million to $10 million – which will allow the people behind the model to pull this off successfully. Targeted at teens with limited incomes who want access to paid services, this model has a good chance to succeed. The company will be leveraging its partnerships with Napster, the NBL and others to promote the service. The video below is a brief ad on the model.

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