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YouTube Rival Metacafe to Sell for $200MM

Online video-sharing platform Metacafe is slated to be sold for $200 million - possibly to Yahoo, according to speculation.Metacafe, which was founded in 2003, has earned $20 million since that time and is now said to be on the verge of being sold for ten times that amount, ynet reports (via MarketingPilgrim). Metacafe uses a ranking system that allows users themselves to rank each video. It also prevents videos from being put up more than once and blocks low-quality videos.

Metacafe receives some 17 million users each month worldwide, 3.8 million of them from the U.S. (compared with YouTube's 23 million U.S. unique visitors), and offers more the 450 million user-uploaded video clips.

Metacafe has headquarters in Tel Aviv and Palo Alto, California, and employs 40 people.

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