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GodTube hits 100,000 videos and gets $30m investment
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| NEWS: 15 May 2008 17:47 GMT by Katie Scott | |
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So there may not be videos of Amy Winehouse forgetting her lyrics, or a baby laughing at tearing paper, but a religious YouTube-style site has gained so many followers that a London-based hedge fund has decided to invest.
GLG Partners, which has no known religious affiliation, has decided to back GodTube with a $30m investment. With almost 80% of the American population - about 240 million - describing themselves as Christian, there's obviously a massive market for virtuous videos, so much so that the Texas-based site gets around two million users a month. Jason Illian, GodTube's chief strategy officer, told Reuters, that this is nothing short of miraculous: "We underestimated the thirst for something more meaningful on the internet". And the content - anything from a spoof on Star Wars (May God's force be with you) to a parody of Sir Mix-A-Lot's Baby Got Back. And then there are prayer walls (including one call for prayers for a family who need a new car - don't we all?) and sermons. So, you can get your soul saved and surf at the same time. >> Via - The Guardian >> Link - GodTube Have Your Say
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